Jim Cramer Weighs In On Albemarle, Square And More
On CNBC's "Mad Money Lightning Round", Jim Cramer spoke about Universal Display Corporation (NASDAQ: OLED). He said people feel there isn't enough OLED used in new devices, so he wants to wait and see if that's correct.
Instead of CIT Group Inc. (NYSE: CIT), Cramer would rather own JPMorgan Chase & Co. (NYSE: JPM).
Cramer isn't a fossil fuel stocks fan any more. He isn't a buyer of ONEOK, Inc. (NYSE: OKE), despite its 5.4 percent dividend yield.
Cramer wouldn't touch Albemarle Corporation (NYSE: ALB), because Sociedad Quimica y Minera de Chile (ADR) (NYSE: SQM) is overproducing lithium.
Instead of Express Scripts Holding Company (NASDAQ: ESRX), Cramer would rather buy Abbott Laboratories (NYSE: ABT).
Valley National Bancorp (NYSE: VLY) is a great buy at its current price level, thinks Cramer.
Cramer is sticking with Square Inc (NYSE: SQ). He thinks it's still good.
FMC Corp (NYSE: FMC) has come down enough and it's all right to own the stock, said Cramer.
Manitowoc Company Inc (NYSE: MTW) dropped almost 30 percent and it's trading at a decent price level to start buying, said Cramer.
Cramer isn't a buyer of Radius Health Inc (NASDAQ: RDUS). He would rather own Bristol-Myers Squibb Co (NYSE: BMY).
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