Liking Box Since $12 - Cramer's Lightning Round (5/1/18)

May 02, 2018 6:42 AM ETGT, GERN, CGNX, BOX, AMAT, J, HCRSQ, EDIT17 Comments

Summary

  • Applied Materials is more than just DRAMs.
  • Goodyear Tire and Rubber is not worth buying.
  • Stay away from small biotech stocks to avoid getting crushed.

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Tuesday, May 1.

Bullish Calls

Box (BOX): Cramer has liked the stock since $12. CEO Aaron Levie is good.

Applied Materials (AMAT): "I know a lot of people are selling Applied Materials because they feel like it's a play on DRAMs. I think it's much bigger than that. It's got a big display business. I'm going to concur that Applied Materials is just too low down here."

Jacobs Engineering (JEC): It's a well-run company. Cramer endorses it.

Bearish Calls

Goodyear Tire and Rubber (GT): There is nothing there to buy.

Geron (GERN): Don't go down the food chain when there are problems with big biotechs.

Cognex (CGNX): "We like machine learning, but not machine vision. That's why we like Nvidia (NVDA)."

Hi-Crush Partners (HCLP): It's too involved with the price of oil. Don't buy.

Editas Medicine (EDIT): Cramer took a pass on this small biotech as the big ones are getting crushed.

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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.
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