Cramer’s lightning round: Buy Uber

“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.

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  • It’s that time again! “Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.

Stock Chart IconStock chart iconhide contentUber’s year-to-date stock performance.

Uber: “Uber is one great long-term stock. I am not backing away from that. … So the answer is, I am a buyer of Uber.”

Stock Chart IconStock chart iconhide contentTanger’s year-to-date stock performance.

Tanger: “I think SKT is good. I saw a recommendation today of taking a price target from $45 to $46 for this $38 stock. It yields 3.25%, and I say buy.”

Stock Chart IconStock chart iconhide contentRockwell Automation’s year-to-date stock performance.

Rockwell Automation: “Rockwell Automation is high, but it’s more robotics than it is data center, and I think it’s a great long-term situation. So I would say it’s a good idea, but don’t buy it all at once because the stock is one ugly chart.”

Stock Chart IconStock chart iconhide contentNeurocrine Biosciences’ year-to-date stock performance.

Neurocrine Biosciences: “Because it’s profitable, I’m going to say fine. Although I know that neurological issues are very hard, very tough. Most doctors, hospitals, medical companies don’t want to touch it, but I will say Neurocrine does good job.”

Stock Chart IconStock chart iconhide contentAmcor’s year-to-date stock performance.

Amcor: “I’m never going to fight anyone on 10 times earnings. But remember, they also have a kind of a non-fast-growing part of their business, and therefore there are issues, but not a lot that can’t be solved by that low PE.”

Lightning Round: I am a buyer of Uber, says Jim Cramerwatch nowVIDEO05:38Lightning Round: I am a buyer of Uber, says Jim CramerMad Money with Jim Cramer

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