Cramer’s Lightning Round: Time To Buy ViacomCBS
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.
Johnson & Johnson: “JNJ is kind of a, it’s a Teflon stock. It just goes up no matter what, and that’s because it has a big drug pipeline, and that’s why you should own the stock.”
Lockheed Martin: “I think that Jim Taiclet, I think he’s money … I say go with him.”
Vulcan Materials: “It’s time to pick some up … That does well if there’s a housing boom. I know it’s got a bad chart, that’s what’s sending it down. Maybe you wait a week or two, but boy is that a good company.”
ViacomCBS: “I kind of like the media stocks. Ever since that Archegos, they’ve given up the ghost. Let’s go back to them. I think they’re going to have a pretty good fall and I like Viacom here. I think they did a good job, and I think it’s time to buy it.”
OraSure Tech: “There’s like so many guys doing this. Can’t do it. I’m sorry.”
– CNBC