Jim Cramer breaks down why Cisco Systems is a strong way to invest in the rise of 5G.
As the world learns more and more about how the world will operate with 5G, Cisco is one stock that investors should get their hands on, CNBC's Jim Cramer said on Tuesday. The "Mad Money" host said while the Cisco stock is still cheap, selling for 15 times earnings and offering a 2.7 percent yield, it's a"fabulous" way to play the 5G roll out that will revolutionize smartphones.
Altria, the tobacco giant that owns Marlboro and is wading in the wine and cannabis categories, could be ready to spike, Cramer said. Considering chart analysis from Tim Collins, who is a technician and Cramer's colleague at RealMoney.com, the host said the company is finding traction after the stock drifted lower last month as the rest of the market picked up steam. "Not only does Collins see Altria going to $56.
In the roughly two years since Cramer last spoke to the CEO of Charles River Laboratories, shares of the drug research company have climbed 74 percent, the host said. And coming off of Monday's news that Danaher bought General Electric's biopharma business for a surprising $21.4 billion, Cramer is interested to find out what other medical companies are being undervalued on the market.
Home Depot's stock was shaken up for missing Wall Street estimates in the last quarter and it created a good opportunity for investors to buy, Cramer said. While the home improvement company came up short in earnings and revenue in its fourth quarter report before the bell and gave a weaker-than-expected forecast for the year, the host highlighted its new $15 billion stock buyback and 32 percent dividend increase.
In Cramer's lightning round, the"Mad Money" host sprinted through his reaction to callers' stock picks: Aurora Cannabis Inc.:"We're gonna say no to that. We like Canopy Growth, that's our fave. Up a couple of bucks today, be careful but that's the one to own." AeroVironment Inc.:"Well you know what, I don't sleep and that's why because of AVAV. You know it's a drone company. I like to drone. Here's the problem: the stock ...
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