Discovery Is Undervalued - Cramer's Lightning Round (6/11/18)

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Includes: ABMD, ADP, ADT, DISCA, DISCB, DISCK, ISRG, LB, VIA, VIAB
by: SA Editor Mohit Manghnani

Summary

Cramer likes Abiomed.

Don't buy ADT.

Sell L Brands at $40.

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Monday, June 11.

Bullish Calls

Discovery (NASDAQ:DISCA): Yes, their content is undervalued. Cramer thinks both Discovery and Viacom (NYSE:VIA) are undervalued.

Abiomed (NASDAQ:ABMD): Cramer has been a fan for a long time. He likes Intuitive Surgical (NASDAQ:ISRG) as well.

Automatic Data Processing (NASDAQ:ADP): CEO Carlos Rodriguez has made big money for shareholders. Cramer believes in him.

Bearish Calls

ADT (NYSE:ADT): Cramer disagreed with the notion that the security system product has a lot of potential. "I think it's just a disaster. I mean, they put it together with some other companies, they loaded it up. They'll probably have to take it private again. It's pathetic."

L Brands (NYSE:LB): It's a good dividend play at 6% but Cramer would book profits at $40.

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