Cramer's lightning round: 'I am a believer in Enphase Energy'
- 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.
Activision Blizzard: "Activision Blizzard is a good company and I'm a buyer."
Coty: "I think Coty's making a comeback. I actually like the perfume carrier, but if I'm going to recommend Coty, it would be doing a disservice to Estee Lauder … I suggest you buy EL."
Draftkings: "I think it's a very strong franchise … I think there will be a lot of NBA playoff gambling, so I don't want to lose the train of thought there."
Futu: "We recommend Alibaba on this show and we can deal with JD and Baidu. Any more than that, we're going to start running into a situation where I don't trust the PRC."
Advance Auto Parts: "I have liked Advance Auto Parts for literally 100 points, and I've got to tell you I'm not backing away from it now … I think Advance Auto Parts is an excellent stock."
Rocket Companies: "I think these guys are very, very good at what they do. A lot of people feel that the housing boom is over. I think that's ridiculous. Jay Farner is the CEO. I think he's really good at his job and I want you to buy a little more, get that basis better."
Enphase Energy: "Enphase Energy is one of the greatest performing stocks for the last five years. The problem here is that it's become one of those high-multiple casualties where people say forget about it. I am a believer in Enphase Energy. I'm OK with starting a half of position here and then waiting, simply because it does have a lot of bad money in it."
XL Fleet: "The short report about it was difficult and I'd like to have XL back to answer the short report, otherwise I can't recommend it."
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