Shopify Cannot Be Killed Easily – Cramer’s Lightning Round (5/23/18)

Stocks discussed on the Lightning Round segment of Jim Cramer’s Mad Money Program, Wednesday, May 23.

Bullish Calls

Sirius XM Holdings (NASDAQ:SIRI): Cramer has been behind the stock since $4.

Shopify (NYSE:SHOP): “Everyone decided that this Adobe acquisition of Magento killed Shopify. I think Shopify is not that easily killed. I actually think you can continue to own this stock.”

Etrade Financial (NASDAQ:ETFC): This is the right time to buy the stock as they are in the sweet spot.

Bearish Calls

Teva Pharmaceuticals (NYSE:TEVA): A bottom has been reached and the stock has made a comeback but Cramer still doesn’t recommend buying it.

Iqiyi (NASDAQ:IQ): Cramer likes 3 stocks from China – Alibaba (NYSE:BABA), Baidu (NASDAQ:BIDU) and Baozun (NASDAQ:BZUN).

Blue Apron (NYSE:APRN): The stock has bottomed but Cramer does not see a growth catalyst. Keep trimming positions on the way up.

Incyte (NASDAQ:INCY): “I shouldn’t be allowed to opine on it. I thought that that new drug that they had was going to be a winner. The stock keeps going down. I think it’s an inexpensive stock because it’s got great products, but no one believes me, so I’ve got to tell you, I’m not the call.”

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