Mad Money

Cramer: Walgreens should walk away from Rite Aid deal


It's that time again! Jim Cramer rang the lightning round bell, which means he gave his take on caller favorite stocks at rapid speed:

Rite Aid: "Walgreens buying Rite Aid, it's supposed to happen. I wish they would both walk away already. The government doesn't seem to like this deal or it would have closed. By the way, Jana selling Walgreens, I think that's more of a problem with Jana than Walgreens. I'm a buyer of Walgreen and I don't want Rite Aid."

Beacon Roofing Supply: "Beacon Roofing Supply is a winner. Whether it be Lowe's or Home Depot, people are buying roofing supplies. That one I like very much."

AbbVie: "Good yield, good growth. What's not to like? AbbVie is good to go."

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Brixmor Property Group: "I don't know, they had accounting problems and then they made that change. The stock is coming back, I say no. We don't need them, we've got Federal Realty. That's the better one."

Square: "I don't know, I didn't know Square had that credit risk problem. So I want nothing to do with it. Nothing at all. No how, no way."

Starbucks: "We think that it's right to pull the trigger right around here. Starbucks has been hated. It's been hated for too long. We've been waiting for $54 ... maybe we're too greedy. I like Starbucks, the charitable trust owns it."

CVS Health: "I don't know, Walgreens has been going down too, but that's an insider selling situation both KKR and Jana. I think CVS is a buy. Larry Merlo [CEO] is doing a fabulous job, but retail has been weak. I think it's an opportunity."

Apple Hospitality REIT: "That group has been too hard. I'm going to have to say no to that one."

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