Jim Cramer Advises His Viewers On Schlumberger, Applied Materials And More

Loading...
Loading...

On CNBC's "Mad Money Lightning Round," Jim Cramer said his charitable trust fund owns Schlumberger Limited SLB and the position was disappointing. Instead of Schlumberger, he would buy BP plc BP.

Cramer doesn't want to buy PBF Energy Inc PBF.

Instead of Applied Materials, Inc. AMAT, Cramer would rather buy Lam Research Corporation LRCX. He thinks both companies are going to do well, but he expects Lam Research to perform better.

Targa Resources Corp TRGP is way too dangerous, said Cramer. High yield is not a good sign.

There are massive headwinds right now for HP Inc. HPQ, said Cramer. He can't recommend it at the moment and he needs to see a better quarter than the last one.

Cramer is not a buyer of Mallinckrodt PLC MNK. He wants to own quality names instead.

Posted In: MediaCNBCJim CramerMad Moneymad money Lightning Round
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...