Mad Money

Cramer's lightning round: 'I think you're right to own Boeing'

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.

Boeing: "Yes. I think you can buy it. I know that [American Airlines] just got some money from the government. I know that finally the airlines are waking up to being able to test people before they go on. I don't know why they haven't been doing that before. I know that masks work on planes. I hear that we're going to start opening up in Europe ... I think you're right to own Boeing."

General Electric: "I think GE is going to be, it's not GE's year. Why do I say that? Because GE has said that. They're not ready yet. They're turning things around. I think they have a very good turnaround plan, even tough they're obviously very linked to aerospace. It's going to take some time. This time next year I think GE is going to be a much better stock than it is now, though, but a lot of people aren't that patient." 

Rocket Companies: "Rocket is a very strange company because when it was at $18.90 I said buy it, then it went up to the high $20s, I said sell it. Now it's right back to $20. I feel like, hey, you know what, I had my call with Rocket and now I'm ready to move on. There are a lot of people who are short the stock. They don't like the ownership structure." 

Redhill Biopharma: "I think you should be in Royalty Pharma. I think it's every bit as good as Redhill and then some, but I totally understand why you'd want to be in. Smart Israeli company, really smart guys. It's just that I think Royalty is not getting enough love from Wall Street."  

Walgreens Boots Alliance: "Chill man is worried about Walgreens. Chill man is worried because I think the prescription drug side is under attack, and the front of the store is under attack from Amazon. So I have a tough time with that one. I just do. I try to figure out what makes it go higher, and I don't know." 

Illumina: "Many companies have tried to do this liquid cancer, the [biopsy] test. I hope Grail can do it right. If Grail can do it right, then Illumina turns out to be a great buy. But I like Thermo Fisher and I like Danaher. They are better companies, and I like either one of them more than this one."  

Ping Identity: "You know we like Ping. We've had them on. I think they told a very, very compelling story. I like this cohort as it is, and Ping is a good one."  

Disclaimer

VIDEO5:0905:09
Cramer's lightning round: 'I think you can buy' Boeing, but avoid Walgreens

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