“Mad Money” host Jim Cramer gives lightning round stock advice
By: Financial News
It’s that time again! “Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed. Here’s a rundown of some of the advice Cramer gave on recent stocks:
Clorox: Cramer thinks that the quarter was ok, and he believes that the hack is behind them. He also commends CEO Linda Rendle for doing a very good job and says he would own the stock.
AGNC: Cramer advises against investing in AGNC, stating that if investors are considering it, they should look into Realty Income instead. He notes that AGNC has been underperforming for a long time and calls it a value trap.
Cisco: Cramer gives a positive view on Cisco, stating that he thinks it’s a buy.
Johnson & Johnson: Cramer criticizes Johnson & Johnson’s strategy and wishes the CEO would come out and explain why they have such an ill-advised strategy. He expresses frustration with the company’s direction, stating that he has horse sense and the team at Johnson & Johnson does not.
Ventas: This stock was recommended that day, and Cramer thinks it’s ok. However, he points out that it only has a 4% yield and suggests that investors may need to look into other options in order to be able to be in that group.
For more investment advice, Jim Cramer’s Guide to Investing is available for free download to help investors build long-term wealth and invest smarter.