Cramer’s lightning round: We sold Anadarko. It’s time to move on PUBLISHED 3 HOURS AGO UPDATED 2 HOURS AGO
Tyler Clifford@_TYLERTHETYLER_
KEY POINTS 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. Anadarko Petroleum: “We sold that one for the charitable trust. It is time to move on, my friend.”
CVS Health: CEO Larry Merlo has “a big analyst meeting coming up and he’s gotta explain how he’s gonna be able to cut down that debt, pay down debt, and if he does that, then people would buy it. But I do not [recommend it] ahead of that analyst meeting. We gotta see what he says.”
Lowe’s: “I thought that [CEO] Marvin Ellison — I thought he explained himself very well ... He’s working really hard to be able to get the place in shape, and no one has the conviction to stay with him except for me. I think if you buy that stock at $90, you’re gonna make a good buy. And Marvin, please come on this show because you know how to tell the story.”
CymaBay Therapeutics: “Don’t know that bad boy. We’re gonna have to do some work.”
USA Technologies: “We need to know more about why that stock got hammered.”
Larry, the law suits probably cannot proceed until the restated filings are submitted with the year end 10K report. We have no idea of how many Q's are being restated. We only know which have been missed.
Until the gravity of the misrepresentations are clear, no judge can rule without the facts.
News 
Market Data 
Discover 
AI
