Coupa Software Is A Good Buy - Cramer's Lightning Round (9/5/18)

|
Includes: BOX, BTI, COUP, TUP, USCR, WDC
by: SA Editor Mohit Manghnani
Summary

Western Digital has not bottomed yet.

Wait for the next quarter's results to buy Box.

US Concrete was a play on the infrastructure bill.

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Wednesday, September 5.

Bullish Call

Coupa Software (NASDAQ:COUP): "I didn't like the reversal in Coupa. Coupa got brought down by the whole cloud clique, and you know what? Coupa's quarter was magnificent. I went over the conference call last night. They are firing on all cylinders. Believe it or not, up $4 is a buying opportunity."

Bearish Calls

Western Digital (NYSE:WDC): Cramer's trust sold the stock in the $90s as the cycle had gotten weak. The stock is yet to bottom and the numbers have to come down.

Box (NYSE:BOX): They did not have a good quarter. In the current environment, it means that one has to wait till the next quarter to be sure.

US Concrete (NASDAQ:USCR): The stock was a play on the infrastructure bill. It did not happen and till then, there is too much concrete.

British American Tobacco (NYSEMKT:BTI): The only thing that would make Cramer interested in the stock is if the company takes a stake in one of the cannabis stocks.

Tupperware Brands (NYSE:TUP): They're just doing okay. Don't buy.

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::

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 up