Thursday, March 28, 2024
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Lightning Round: A speculative stock to hold on to

It's that time again! Jim Cramer rang the lightning round bell, which means he gave his take on caller favorite stocks at rapid speed:

Teekay Corp: "No, if we are going to be in that area we are going to go with Nordic American Tankers."

Regal Entertainment: "Why don't we buy EPR and get a little extra dividend in there. EPR properties is at 6.7 percent, you get that same kind of thing."

Cisco Systems: "I think Chuck Robbins [CEO] is doing a good job … but the problem is that it's telco, and I do think that the yield is good and I think that the stock is rock bottom."

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Regeneron Pharmaceuticals: "And you're going to keep Regeneron. Why? Because Len Schleifer is bankable. I know the stock's down but it's a wild market for biotech."

Altria Group: "That yield is safe at 3.88 percent and I don't like to recommend tobacco stocks on the show, but I do think Altria is good for the long-term. But again, I'm not a fan of the tobacco stocks."

3D Systems Corporation: "No! Not on a snow day!"

Vereit Inc: "If we are going to do real estate investment trusts, we are going with Ventas. Pretty simple."

Radius Health: "This is a speculative stock that I want you to hold on to. But I understand it trades in like $20 increments. It was all over the place today."

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