Cramer's lightning round: Sell Priceline parent on pricing pressure
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.
Booking Holdings BKNG : "Here's my problem: that group has become very crowded all of a sudden. We just had another good company report this week. I have liked that company historically, but now there's way too much pricing pressure. Sell, sell, sell. Don't want it."
Petmed Express PETS : "Nope, nope, nope, nope, nope. You know that when we go down the pet food [path], we go to Idexx Labs , which has been our favorite now for 100 points."
Xerox Corp. XRX : "Sell Xerox. Because I listen to my partner David Faber every single morning and that thing is, well, let's just say the house of pain."
Daseke, Inc. : "I am familiar with their work and that's why I'm going to send you to XPO Logistics ."
Diamondback Energy FANG : "I thought FANG [Diamondback's ticker symbol] was good. People didn't like the conference call. I thought the conference call was OK. I think I would use this decline to buy, buy, buy some FANG. Remember, oil is up on a spike, but I think it's OK."
Illinois Tool Works : "I've been telling club members [that] you don't have to worry. This thing is good. They had one division that was weak. As we explained it to ActionAlerts, it was just the auto and I think that they're better than that. You shouldn't be a seller. We bought some lower that we had sold higher and I want to stick with that view."
Portola Pharmaceuticals : "I think the news is already in the story. It's kind of done and I would rather hold out for something else better."
STMicroelectronics : "No [for the internet of things]. No. If we're going to be in the internet of things, honestly, we're going to go to Cisco ahead of the quarter that they report next week . I think it's going to be very good."
Watch the full lightning round here:
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