Cramer's lightning round: Microsoft is on its way to $150
- 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.
Mastercard: "Mastercard is a stock that should be at $300 that is masquerading as a $274 stock. I thought ... [CEO] Ajaypal Banga did a fantastic job on the last quarter, he's the CEO, and I want you to" buy, buy, buy.
Lattice Semiconductor: "That's an incredibly interesting situation and I actually want to buy it."
Nike: "Nike at $90 I think it's a buy."
Beyond Meat: "I think it's going to trade between $70 and $80, $70 and $80, until we get a couple really big contracts, like a huge Kroger contract or the McDonald's contract. So now we are all depending on McDonald's saying that that test of 20 stores in Canada is going to be a winner, and I think it will be."
Vista Outdoor: "Just not enough mojo."
Microsoft: "One of the reasons why the Nasdaq was up so much today was because Microsoft really broke out. I think that [CEO] Satya Nadella's doing a fantastic job. ... I like that stock going at least to $150 very, very quickly. Stay long that one."
Steel Dynamics: "Why? ... Nucor's the one you have to own. ... I do not like Steel, and I don't like Steel because, despite the protection [from] tariffs, prices went down, so I think you've got to stay away from Steel Dynamics."
Alumina: "I think Alumina's great, but here's the pecking order, O.K.: first there's Danaher ... next I would buy Thermo ... and only then would I buy Alumina."
Ford: "Such a tough one. This isn't the quarter. They can't do it. They have got to find a way to get back in China [and] make it profitable, they got to slim down Latin America. I still think they're committed to the dividend, but I cannot recommend that stock."
Alibaba: "You know what, Alibaba is the only Chinese stock that I'd possibly buy."
Tesla: "I think Tesla's got — they made some very good numbers last time. The shorts are telling me, 'Jim, please don't hurt people with Tesla,' but you're right. They actually produced a lot of cars and they've got the China deal coming. So, I understand why you want to do that. It's a nice spec at your age. Same as Beyond Meat."
Workday: "That's a buy."
Disclosure: Cramer's charitable trust owns shares of Microsoft and Mastercard.
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