Mad Money

Cramer's lightning round: Sell some Cronos shares tomorrow

Key Points
  • It's that time again! "Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

Cronos Group Inc.: "It's ... a trading vehicle. So, right now, it's at the top end of the range. I think it can come back down. Take some off the table tomorrow."

Manitowoc Company Inc.: "It is so cheap. It is so cheap. It just drives me crazy, but we're in a construction recession, I guess. I mean, holy cow, 12 times earnings? I'm not backing away from it down here [and] I love [CEO] Barry Pennypacker because he's a straight shooter."

Yeti Holdings Inc.: "They're giving away these hot thermoses this morning [on] Spirit Air. It's like the most that you've ever gotten out of Spirit. They're always giving away stuff. I don't think a thing of it. I get on and I said, 'We're those Yeti?!' and a guy says, 'They were Yeti,' and I run out to get them and they were all taken, because Yeti is a winner and I'm sticking with it."

Crispr Therapeutics AG: "The short term: it seems to be under pressure a lot. The long term: I like the idea and I think it could go higher. I will say that if you really want to be in that business, you should be buying the stock of Illumina."

Palo Alto Networks Inc.: "This is a bear market stock that went to a bull market. [...] Understand this is one difficult stock if you're going to look at it every minute, but not if you're going for the long term, because it is best of breed.

Etsy Inc.: "I think that this is the craft Amazon. Really good management. I would stick with that."

Watch the full lightning round here:

Cramer's lightning round: Sell some Cronos shares tomorrow
VIDEO4:4404:44
Cramer's lightning round: Sell some Cronos shares tomorrow

Disclosure: Cramer's charitable trust owns shares of Palo Alto Networks and Amazon.

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