Cramer Gives His Opinion On Boeing, Coca-Cola And More
On CNBC's "Mad Money Lightning Round," Jim Cramer said Teladoc Health Inc (NYSE: TDOC) is one of those companies whose valuation got stretched. He wants to see a pullback of 10% off its highs before he pulls the trigger and buy.
Cramer would stay long in WEX Inc (NYSE: WEX). He is not concerned about the recent downgrade.
The Boeing Company (NYSE: BA) is going to have a 25 points downside risk and a 150 points upside potential when a vaccine occurs, believes Cramer. He wouldn't double down with this name.
Instead of buying calls in Coca-Cola Co (NYSE: KO), Cramer would just own the stock because it has got a good dividend yield.
Palo Alto Networks Inc (NYSE: PANW), Crowdstrike Holdings Inc (NASDAQ: CRWD), Zscaler Inc (NASDAQ: ZS) and Proofpoint Inc (NASDAQ: PFPT) are better than FireEye Inc (NASDAQ: FEYE), said Cramer.
Ingevity Corp (NYSE: NGVT) is just a plain-old industrial and that is exactly what Cramer wants to buy.
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