Don't Bet Against Wynn Resorts – Cramer's Lightning Round (9/12/17)

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Don't Bet Against Wynn Resorts – Cramer's Lightning Round (9/12/17)

Stocks discussed on the Lightning Round segment of Jim Cramer’s Mad Money Program, Tuesday, September 12.

Bullish Calls

RH (NYSE:RH): Their presentation in the last week was good. Wait for the stock to pull back 10% before buying.

Disney (NYSE:DIS): There are short-term challenges which could take the stock to $93 or even $90. However, it’s a good long-term buy.

Wynn Resorts (NASDAQ:WYNN): Cramer wouldn’t bet against CEO Steve Wynn. It’s not done going up.

Freeport-McMoRan (NYSE:FCX): “I think FCX works here. Copper has stalled out right now, but I expect it to try to get recharged. It is very dirty to smelt and the Chinese need it. They’re the largest buyer. FCX, I like it.”

Bearish Calls

Advanced Micro Devices (NASDAQ:AMD): It has a big investment overhang. Cramer prefers Nvidia (NASDAQ:NVDA), which is not a play on cryptocurrency as it it less than 10% of its business.

Under Armour (NYSE:UA): Cramer thinks Nike (NYSE:NKE) is eating their lunch.

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cmgn616

I'm a pretty simple, fallible man who loves God, family, and being a better man than I was yesterday. I'm into technology, finances, politics, and a couple hobbies.
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