Benzinga - by Lisa Levin, Benzinga Editor.
On CNBC’s "Mad Money Lightning Round," Jim Cramer recommended staying away from 3M Company (NYSE: MMM). "At this point, there’s so much bad news that it has been encapsulated in the stock. At the same time, they have litigation risk still," he added.
When asked about Daktronics, Inc. (NASDAQ: DAKT), he said, "I don’t think it’s such a bad idea, because it’s still way below where it used to be."
Arista Networks, Inc. (NYSE: ANET) is a "terrific networking company," Cramer said. "I used to think that you couldn’t have a good Arista and a good Cisco Systems, Inc. (NASDAQ: CSCO), but they are, they can be mutually exclusive."
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"I happen to be more of a fan of Martin Marietta Materials, Inc. (NYSE: MLM), which has a had a very similar run to Vulcan," Cramer said when asked about Vulcan Materials Company (NYSE: VMC). "Those are the two, either one works."
When asked about Skyworks Solutions, Inc. (NASDAQ: SWKS), he said, "Why not buy it now and not wait for cellphones to get strong? I like the gall."
Price Action:
- Shares of Skyworks Solutions gained 0.9% to close at $94.20.
- Vulcan Materials rose 0.04% to $212.35 on Friday.
- Martin Marietta Materials gained 0.5% to settle at $462.06.
- Arista Networks gained 0.6% to close at $214.63 during Friday’s session.
- Cisco’s stock declined 0.6% to settle at $47.76.
- Daktronics climbed 3.8% to close at $11.33 on Friday.
- 3M shares slipped 0.4% to close at $95.34 on Friday.
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