Buy Alibaba - Cramer's Lightning Round (6/12/18)

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Includes: AMAT, BABA, CHK, ENDP, JD, MYL, TEVA
by: SA Editor Mohit Manghnani

Summary

It's okay to buy Applied Materials.

Investors will get a chance to sell Chesapeake at a better price.

Mylan and Teva are for trades only.

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Tuesday, June 12.

Bullish Calls

Applied Materials (NASDAQ:AMAT): It's okay to buy here, but Cramer did not pound the table.

Endo International (NASDAQ:ENDP): Cramer likes the generic drug stocks, including Mylan (NASDAQ:MYL) and Teva Pharmaceutical (NYSE:TEVA) for trades only.

Bearish Calls

Chesapeake Energy (NYSE:CHK): As natural gas breaks out, there will be a chance to sell the stock.

JD.com (NASDAQ:JD): Don't stop at JD. Buy Alibaba (NYSE:BABA).

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