Lightning Round OT: Cypress Semiconductor, MGM Resorts and More

Cypress Semiconductor : CY reports its quarter on Thursday, but Cramer is more concerned with the long-term story here, which is mobile computing and smart grid. And he’s bullish on those themes. So, “You want to buy Cypress on any weakness,” he said.

MGM Resorts : Cramer praised the company’s secondary offering and improved liquidity, likening MGM’s recovery to the turnaround at Wynn and Las Vegas Sands . “I want you to buy by more,” he said.

National Oilwell Varco : Cramer is bullish on NOV. He said this company occupied the “sweet spot” between technology and oil drilling.

Call Cramer: 1-800-743-CNBC

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