JPMorgan Is A Long-Term Buy - Cramer's Lightning Round (12/6/18)

Dec. 07, 2018 6:13 AM ETJPM, PRAH, CRL, FNKO3 Comments1 Like

Summary

  • Cramer likes Charles River Labs in the contract research space.
  • Don't buy Funko.

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Thursday, December 6.

Bullish Calls

JPMorgan (JPM): Warren Buffett is buying the bank stocks and has a long-term view. It's a buy.

PRA Health Sciences (PRAH): Cramer likes the contract research organization, but he prefers Charles River Laboratories (CRL) in that space.

Bearish Call

Funko Inc. (FNKO): There are many blue-chip stocks going down, and Cramer would like to stick to Charles River Laboratories.

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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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