Benzinga | Jul 17, 2020 10:56AM EDT

Cramer Gives His Opinion On Boeing, Coca-Cola And More

On CNBC's "Mad Money Lightning Round," Jim Cramer said Teladoc Health Inc (NYSE:TDOC) is one of those companies whose valuation got stretched. He wants to see a pullback of 10% off its highs before he pulls the trigger and buy.

Cramer would stay long in WEX Inc (NYSE:WEX). He is not concerned about the recent downgrade.

The Boeing Company (NYSE:BA) is going to have a 25 points downside risk and a 150 points upside potential when a vaccine occurs, believes Cramer. He wouldn't double down with this name.

Instead of buying calls in Coca-Cola Co (NYSE:KO), Cramer would just own the stock because it has got a good dividend yield.

Palo Alto Networks Inc (NYSE:PANW), Crowdstrike Holdings Inc (NASDAQ:CRWD), Zscaler Inc (NASDAQ:ZS) and Proofpoint Inc (NASDAQ:PFPT) are better than FireEye Inc (NASDAQ:FEYE), said Cramer.

Ingevity Corp (NYSE:NGVT) is just a plain-old industrial and that is exactly what Cramer wants to buy.