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Cramer's Lightning Round: Stay Away From Snap Here

Source: CNBC
  • 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.

Nucor Corp: "We see opportunities that we want to get ready for if the Fed raises [the interest rate] and the market comes down ... Nucor's up gigantically and we felt like bulls make money, bears make money, hogs get [slaughtered]."

Store Capital Corp: "One of the problems with this is that I could tell you to buy it, or I could say, 'buy Realty Income,' which I like very much ... I see no necessary bottom in these, so I've got to say not yet."

Snap Inc: "When [Square parent Block] crushes the numbers and stock goes down, Snap, which didn't crush the numbers, it's going down even more. I say no to owning Snap."

Scotts Miracle-Gro Co: "What can I say, that's an inexpensive stock ... I was going to recommend that you buy Lowe's, because they had a dynamite quarter."

Enterprise Products Partners LP: "This one has a yield ... that I like very much. It's right in the center of all the stuff I like down in Houston, and down in Texas in general, and I got to tell you, it could beat the numbers."

Disclosure: Cramer's Charitable Trust owns shares of Nucor.

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