Mad Money

Cramer's lightning round: Hold on to Micron

Share
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.

Wells Fargo: "In the long run, [the projection is] different from right here … It's cheaper than all the other banks. I bless it, but please let it come in a little."

Snap: "If you bought the dip, then that means you probably might have been buying it at $17 to $20, which means that you've got to take out your cost basis and then you let the rest run. And don't even look at it — just let the rest run."

Kinder Morgan: "I don't like the pipeline companies. I don't like the oil companies. I don't like that whole complex. I think that it's a bad complex. I think I want you to stay away."

Roku: "It's at $285. Tomorrow morning, I want you to at least sell the [cost basis] and then forget that you ever owned Roku. You'll never get hurt. If it goes higher you'll still make a lot of money, and I and you will sleep better at night."

Micron: "You picked a winner, and it's still inexpensive. I'd actually hold on to that one."

Nutanix: "What a competitive space. I am going to have to say no go."

VIDEO3:4303:43
Cramer's lightning round: Hold on to Micron

Disclaimer

Questions for Cramer?
Call Cramer: 1-800-743-CNBC

Want to take a deep dive into Cramer's world? Hit him up!
Mad Money Twitter - Jim Cramer Twitter - Facebook - Instagram

Questions, comments, suggestions for the "Mad Money" website? madcap@cnbc.com