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Cramer Weighs In On Shopify, TJX Companies And More


Benzinga | Oct 15, 2020 10:52AM EDT

Cramer Weighs In On Shopify, TJX Companies And More

On CNBC's "Mad Money Lightning Round," Jim Cramer revealed that he prefers IBM (NYSE:IBM) over Zix Corporation (NASDAQ:ZIXI). IBM is an incredibly cheap stock that brings in a lot of value, said Cramer.

Cramer likes GW Pharmaceuticals PLC- ADR (NASDAQ:GWPH) a lot. He said it's the only company that really has pharmaceutical cannabis and therefore it is great.

Cramer advised a viewer to take some profits in Shopify Inc (NYSE:SHOP) and play with the house's money. The decision has no reflection on the company and it is more about being disciplined, explained Cramer.

If there is a company that is going to be able to make money for you, even though it sells at 100 times earnings, it's one that is run by Frank Slootman, said Cramer. He would be cautious because Snowflake Inc (NYSE:SNOW) is the most expensive company in the market, so it has to execute perfectly.

TJX Companies Inc (NYSE:TJX) is an indoor store and although it has some good inventory coming in, it is not going to scream higher, believes Cramer.

Cramer would let DraftKings Inc (NASDAQ:DKNG) cool off, but he thinks the company is going to own the space.






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