Sunday, March 3, 2024
Homemad moneyLightning Round: Starbucks, GE & More

Lightning Round: Starbucks, GE & More

Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.

TiVo (TIVO): I thought a recent downgrade had gravitas, said Cramer. I think the stock may be due for a rest.

VMWare (VMW): This is a play on virtualization and I like it, said Cramer.

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Novo Nordisk (NVO): They've got a strong diabetes franchise, said Cramer. I don't talk about it enough. I think it's great.

Starbucks (SBUX): I think this stock is fine, said Cramer. CEO Howard Schultz put out a note recently about a slowdown in mall traffic and I think the Street misinterpreted that note as commentary that Starbucks is doing poorly. I wouldn't back away from this stock.

General Electric (GE): I'm a buyer of GE, said Cramer. I think 2014 will be a good year for them.

Bristol-Myers (BMY): This is terrific, said Cramer. I'm a buyer.

Netflix (NFLX): The market cap is not equal to the potential opportunity, said Cramer. Therefore I think there's more upside. But because of the valuation I'd want to limit my downside exposure and play the thesis with call options.

: I'm a seller of this stock and a buyer of Home Depot, Cramer said.

Call Cramer: 1-800-743-CNBC

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