- 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.
MGM Resorts International: “It’s got a lot of good management at the top. I think It’s good, but tomorrow Wynn reports, and Wynn, which my charitable trust shows, is going to determine the direction of MGM and right now I can’t tell you how good Wynn is going to be cause I think it’s the future that we like not the past.”
Biohaven Pharmaceuticals: “Okay tomorrow it reports after the close. I happen to like the company very much … I would take out the house’s money … and then let it run because then you can’t lose money because you’re playing with the house’s money.”
Gaotu Techedu: “China has kind of made that into a non-profit, it’s kind of a dice roll and I can’t offer any intelligence on it other than just pure speculation that the Chinese are going to let these companies go back to the way they were and I don’t think they’re going to.”
British American Tobacco: “I’m not going to recommend a tobacco stock on the show. Grateful to have a show on the network, but one of the things I have to do is the responsibility to say no. In the same way that I said we’ve got to ban those darn … vapes, a whole new generation got hooked on this stuff, so no I’m not going there.”
Alibaba: “I know that people want me to recommend this stock … I know I don’t want those 18 points I know that sounds crazy, I can find another 18 points elsewhere, so I’m not going there.”
MiTek Systems: “I don’t know they’ve got proprietary technology, recognition technology that I think is pretty cool. I’ve always liked the stock. I think he’s got a good concept and so I’m going to say it’s OK.”
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Source: Business - cnbc.com
