Cramer’s lightning round: Dropbox’s stock is a buy even after the tech sell-off

Investing News

Dropbox Inc.: “We talked to [CEO] Drew Houston when we were out at Dreamforce. He told a great story and then we got this incredible tech sell-off. Then he reported and the numbers were great. Buy, buy, buy!”

Sociedad Quimica y Minera de Chile: “We’re going to stay away from that. Known stories mean no edge; no edge means we’re not going to make any money with it.”

Teva Pharmaceutical Industries Ltd.: “In that genre, we like Mylan more. [CEO] Heather Bresch is doing a good job on the turn.”

Linde PLC: “It’s going to be a powerhouse [when the Praxair deal closes]. I happen to love industrial gases and I happen to like Linde very much. I would take advantage of this decline. Not all at once, please. Do some buying.”

Salesforce.com Inc.: “Salesforce is a key position for ActionAlertsPlus.com[, Cramer’s charitable trust]. I’ve got a big conference call tomorrow at 11:30 where we’re going to talk about why Salesforce fits the mode of what you want to own.”

Iqiyi Inc.: “I have enough problems with the Netflix of America. I don’t need the Netflix of China. We are going to say don’t buy.”

Disclosure: Cramer’s charitable trust owns shares of Salesforce.com.

Questions for Cramer?
Call Cramer: 1-800-743-CNBC

Want to take a deep dive into Cramer’s world? Hit him up!
Mad Money TwitterJim Cramer TwitterFacebookInstagramVine

Questions, comments, suggestions for the “Mad Money” website? madcap@cnbc.com

Products You May Like

Articles You May Like

Monday’s Vital Data: Cronos Group, Tesla and American Airlines
Support Will Hold for Micron Stock After Earnings
If the Fed doesn’t raise rates this month, the market could panic, Cramer says
Stocks making the biggest moves premarket: DSW, F, GM, CVS, PFE & more
Stocks making the biggest moves after hours: Stitch Fix, Ascena Retail and more

Leave a Reply

Your email address will not be published. Required fields are marked *