Cisco Is The Cheapest Large-Cap Tech Stock - Cramer's Lightning Round (12/10/18)

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Includes: AAXN, AMD, CSCO, GE, HD, LOW, PFG, ZUO
by: SA Editor Mohit Manghnani
Summary

AMD's stock has paid its dues.

Principal Financial Group is an accidental high-yielder.

General Electric might look cheap, but there are better high quality companies that are cheap.

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Monday, December 10.

Bullish Calls

Zuora (NYSE:ZUO): It's a good stock in the bad market and is out of favor. CEO Tien Tzuo is doing a good job and delivered a great number.

Home Depot (NYSE:HD): Cramer advised waiting for Lowe's (NYSE:LOW) to speak on Wednesday to see the situation. He likes Home Depot but cautioned that it will not turn immediately.

Advanced Micro Devices (NASDAQ:AMD): The next quarter will be better than the previous one and the stock has paid its dues.

Axon Enterprise (NASDAQ:AAXN): "The stock's come down a great deal. I think it's a good ecosystem. I think it's a platform. I like it. Look, it's a little speculative, absolutely, but it's good. We've liked it from way low."

Principal Financial Group (NYSE:PFG): The stock is at a 52-week low and yields 5%. It's an accidental high-yielder with a great balance sheet that should be bought in parts - some now and the rest when it yields 5.5%.

Cisco Systems (NASDAQ:CSCO): It's the cheapest large-cap tech stock in the market.

Bearish Call

General Electric (NYSE:GE): "So you can speculate in GE, but there's so many high-quality companies that are going down. I'd rather you be in a really high-quality company that sells at a much cheaper price-to-earnings multiple."

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