Cramer Weighs In On Uber, Yelp And More
On CNBC's "Mad Money Lightning Round," Jim Cramer said he likes Uber Technologies Inc (NYSE: UBER) more than Lyft Inc (NASDAQ: LYFT) because Uber is down a lot.
Cramer likes LPL Financial Holdings Inc (NASDAQ: LPLA) at its current price level.
Yelp Inc (NYSE: YELP) is worth more than $1.5 billion, said Cramer. He explained the stock is reflecting that restaurants are never going to come back and he sees that as a mistake.
The restaurants business is going to be very tough, thinks Cramer. He prefers Darden Restaurants, Inc. (NYSE: DRI) over Brinker International, Inc. (NYSE: EAT).
Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) is one of the best stocks in the market because it has a cystic fibrosis drug, said Cramer. He is a buyer of the stock.
Instead of US Concrete Inc (NASDAQ: USCR), Cramer would buy Caterpillar Inc. (NYSE: CAT), because China is coming back. He doesn't expect anything to happen with the infrastructure.
Bristol-Myers Squibb Co (NYSE: BMY) should be trading at $65 to $70, said Cramer.
Cramer would hold Nordic American Tanker Ltd (NYSE: NAT).
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