Cramer's lightning round: I think L3harris Technologies shares have bottomed
- 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.
L3harris Technologies: "I thought the quarter was OK. There was a rotation out of the fed stocks. The money is going back in them now. I think the stock has bottomed. I also like Lockheed Martin … and both these stocks are inexpensive, versus where they were."
Evolent Health: "In fairness, the stock did anticipate a really great quarter, and if we didn't have this rotation I think it would have continued to go higher."
Digital Turbine: "I don't know that stock. I'm going to have to come back to that."
Alteryx: "I happen to like Alteryx, but, you know what, it reminds me of the Cowboys in the playoffs. It just folded like a cheap suit. Now, I actually think that the quarter was not nearly as bad, but, you know what, it's part and parcel with this sell-off because it had such a high multiple."
Digi International: "The Internet of Things industry is good. This stock is down a lot. It is the kind of thing that intrigues me."
Questions for Cramer?
Call Cramer: 1-800-743-CNBC
Want to take a deep dive into Cramer's world? Hit him up!
Mad Money Twitter – Jim Cramer Twitter – Facebook – Instagram
Questions, comments, suggestions for the "Mad Money" website? [email protected]
Source: Read Full Article