Lightning Round: Oracle, Arena Pharma, Wynn Resorts and More
Wynn Resorts : Cramer thinks Wynn, trading at $87.68, is going to $100.
Arena Pharmaceuticals : ARNA is a buy, Cramer said. Thought the stock has enjoyed a big run, so investors who already have held the stock should have been taking some profits.
Pactiv : Go with Temple-Inland instead, Cramer said.
Cypress Semiconductor : Cramer is bullish on CY.
Rambus : Cramer said he likes NVIDIA more than Rambus.
Oracle : Sell Oracle, Cramer said.
Acme Packet : Cramer said APKT has been “too hot,” so he wanted to wait for the share price to drop to $23-$24 before reevaluating and making a call on the stock.
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