Thursday, March 28, 2024
Homemad moneyLightning Round: It's nowhere near bottoming yet

Lightning Round: It’s nowhere near bottoming yet

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:

National-Oilwell Varco Inc: "I hate to say it, but even with a long-term time horizon you should wait because I think that the building of rigs and the drilling equipment is just nowhere near bottoming yet. You've got some time before you need to pull the trigger."

Esperion Therapeutics: "If you need a tax loss against something that is a win, I would take it. Esperion had data that was very good about anti-cholesterol but then it turns out that the Regeneron guys are doing quite well with the current one — although not well enough and that is really hurting Esperion."

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Sunpower Corp: "I'm staying away from solar right now until I see SunEdison bottom, which I don't know that is going to happen. By the way, I would be a buyer in First Solar before I would buy that one."

Revance Therapeutics: "This thing is a rocket ship and it's dermatology. Dermatology is very hot, but if I want dermatology I am going to go buy Allergan because their taking it to Valeant and their dermatological issues."

Container Store Group: "Even down here I can only say that it still too early to buy The Container Store."

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