Business

Cramer’s lightning round: I like Lam Research over Taiwan Semiconductor

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Verizon Communications Inc: “I’ve been recommending the oils, not the telecoms.”

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Occidental Petroleum Corp: “I would prefer to see you in Chevron.”

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Masimo Corp: “Johnson & Johnson … that’s a safer stock.”

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Taiwan Semiconductor Manufacturing Co Ltd: “I do not want to own a semiconductor capital equipment stock at this moment. … But if I did, I would own Lam Research.”

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Intercept Pharmaceuticals Inc: “Total spec. That’s all that is.”

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Philip Morris International Inc: “You’ll never hear me recommend it, because I think cigarettes kill people.”

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Monolithic Power Systems Inc: “It sells at 40 times earnings, and you know I’m not recommending stocks unless they have a reasonable multiple.”

Disclosure: Cramer’s Charitable Trust owns shares of Chevron.

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