Mad Money

Cramer's Lightning Round: Verizon is 'going nowhere'

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.
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Verizon's year-to-date stock performance.

Verizon: "The fact is is that we don't want to buy a stock just for its dividend, but if it's not growing. Verizon to me has lost its way, I don't think its management is very crisp anymore, and I don't care where you bought it, I care where it's going, and I think it's going nowhere."

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Pacwest Bancorp's year-to-date stock performance.

Pacwest Bancorp: "Ka-ching! Ka-ching! and congratulations, you are, my friend, a visionary."

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U-Haul's year-to-date stock performance.

U-Haul: "It's a very inexpensive stock, I think you're absolutely right, I like everything you said about it. And I will add to it the fact that I think it is unheralded and is going higher, even though it's already up 30% for the year."

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BP's year-to-date stock performance.

BP: "I thought the earnings were a yawner. I do not buy stocks to yawn, I read my books to yawn. I don't buy stocks to yawn. I don't think there's anything there that is exciting. I say ix-nay BP-nay."

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Evolv's year-to-date stock performance.

Evolv: "You've got a good one, too, but Leidos, LDOS, is my favorite."

Lightning Round: Verizon has lost its way, says Jim Cramer
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Lightning Round: Verizon has lost its way, says Jim Cramer

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