Cramer's lightning round: Cisco's stock is a buy 'right here'
It's that time again! "Mad Money" host Jim Cramer rang the lightning round bell, which means he gave his take on callers' favorite stocks at rapid speed.
Cisco Systems Inc. CSCO : "The CSCO kind should be bought right here. I'm telling club members of ActionAlertsPlus.com, ahead of next week's big call, [to] buy, buy, buy! [CEO] Chuck Robbins is good."
Albemarle Corp. ALB : "It had good numbers. It's straight up. I still like it here. The numbers were terrific. Some people didn't like the sales numbers; give me a break."
Compass Diversified Holdings CODI : "It's a black box. You have no idea what's really in the thing, so therefore I can't say that 8.96 percent yield is safe. I just can't do it."
BJ's Wholesale Club Holdings Inc. : "Here's the problem: I know it's good, but Costco's COST better, and I am always a best-of-breed guy. Even if Costco's much bigger and been around longer, I just think you've got to go with Costco."
Docusign Inc. DOCU : "We still like the company. I know it's been part of the crisis of confidence that is this group of tech stocks that I think can come back."
CSX Corp. CSX : "I'll see your CSX and I'll raise you with Union Pacific UNP . They're both great companies, but I am a Union Pacific bull because they're buying back a ton of stock."
Caesars Entertainment Corp. CZR : "Listen, man, the fall of a Caesar's the balance sheet, not the stars. I say ix-nay on Caesars-nay."
Store Capital Corp. STRE : "This is a really hard-to-understand real estate investment trust. I'm not going to go there. Some of these REITs are just houses of pain. I am not going to put you in that address. It's just not right."
Watch the full lightning round here:
Disclosure: Cramer's charitable trust owns shares of Cisco.
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