On CNBC’s "Mad Money Lightning Round," Jim Cramer said Sherwin-Williams Co (NYSE: NYSE:SHW) might go lower as the PE (price-to-earnings) multiple is still "way too high" on the stock.
When asked about Charles River Laboratories International, Inc. (NYSE: CRL), Cramer said, "It finally doesn’t have a high price-to-earnings multiple. I would actually start buying that stock right here, right now."
The "Mad Money" host recommended not touching Alibaba (NYSE:BABA) Group Holding Ltd - ADR (NYSE: BABA).
Cramer said Cassava Sciences Inc (NASDAQ: SAVA) is the "kind of company that could strike gold or not, but you’ve got to understand you could lose everything."
When asked about Boeing Co (NYSE: NYSE:BA), he said, "Right now, you’ve still got to avoid the stock."
Cramer said it’s okay to buy Revance Therapeutics Inc (NASDAQ: RVNC) as the stock is "good in this environment."
When asked about Seagen Inc (NASDAQ: SGEN), Cramer said, "I think Merck & Co., Inc. (NYSE: MRK) has to buy it. I would not sell this stock here, I’d be a buyer."
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