Saturday, August 13, 2022
Homemad moneyLightning Round: How high McDonald's can go

Lightning Round: How high McDonald’s can go

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:

H&R Block: "It was a disappointing quarter. I'm actually quite surprised it was down as much. But we spent some time with Intuit, and candidly Intuit is doing a better job. I think INTU is the one to own, not HRB."

ServiceNow: "It's not as bad as Tableau Software. ServiceNow is a very good company, it's just that if I am going ot buy a high-multiple, high-price, high-growth stock you know I am going to go with or I'm going to go with Adobe. I just feel better about those two, and Workday third."

Chesapeake Energy: "I've been working with Carleton English at who has done a series of articles about Chesapeake that make me feel very, very negative. Sell, sell, sell."

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Lyondellbasell Industries: "Lyondell is very good, but I'm going to see your Lyondell and I'm going to raise you with Dow Chemical. I think it's better with a really good growth path made out with DuPont. Remember, two is going to be three when Ed Breen [DuPont CEO] splits them up."

Annaly Capital Management: "I don't want you to own NLY. If we want yield, we also want growth. I don't want yield with risk, and therefore I am going to send you to Verizon. Different industries, very good dividend."

Arcos Dorados: "No we are not going to do that, we've got Steve Easterbrook with McDonald's taking that stock up maybe to $130 or $140. Who knows, I think that's a better buy but yours is hot."

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