Entering text into the input field will update the search result below

BofI Is Inexpensive - Cramer's Lightning Round (4/30/18)

May 01, 2018 6:43 AM ETBABA, FAF, COHR, IONS, SKX, GLW, AX, VRSK, S, TMUS9 Comments


  • Alibaba is a good company despite the poor chart.
  • Skechers is going down on concerns about the footwear sector.
  • First American Financial is falling along with the not-so-trendy housing sector.

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Monday, April 30.

Bullish Calls

Alibaba (BABA): Cramer likes the stock although the chart looks bad.

BofI Holding (BOFI): The banks are going up and this stock is inexpensive with a low PE multiple.

Verisk Analytics (VRSK): It is fintech for the insurance business. Cramer likes the stock.

Bearish Calls

First American Financial (FAF): Anything close to the housing segment is not working and Cramer does not have the energy to fight the trend.

Coherent (COHR): "Laser photonics has been just a nightmare. I can't counsel anything other than don't buy. But I can't have you sell it down here – it's too low."

Ionis Pharmaceuticals (IONS): "CEO Stan Crooke did a good job negotiating that deal. The problem is, first of all, there's competitors coming into that space. But second, a lot of people feel it gave away the upside. I'm not one of those people, but I'm not going to fight the trend. You'll hear that from me a lot in the Lightning Round of late. I can't fight the trend because when things start going down, they don't stop going down."

Skechers USA (SKX): It's going down on margin concerns and overall trend in the footwear sector. Don't fight the trend.

Corning (GLW): People feel that with Sprint (S) and T-Mobile (TMUS) merging, there will not be much requirement for telecom equipment and due to that trend the stock is going down. Cramer does not agree with the thesis.


Jim Cramer's Action Alerts PLUS: Check out Cramer's multi-million dollar charitable trust portfolio and uncover the stocks he thinks could be HUGE winners. Start your FREE 14-day trial now!

Get Cramer's Picks by email - it's free and takes only a few seconds to sign

This article was written by

Mohit is the former Managing Editor for the Breaking News (India team) at Seeking Alpha. Currently working with Benzinga, he was with Seeking Alpha from January 2010 until August 2020. Before joining Seeking Alpha in January 2010, he worked with a start-up equity research firm in the capacity of a Team Leader tracking US company events and results.Born in the U.A.E, he spent most of my growing up years in Dubai. Currently, he resides in Mumbai, India.

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.