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Jim Cramer Says Own Ebay as a Way to Play Its Split with Paypal

5/22/15 12:06 PM EDT
TheStreet’s Jim Cramer answers your Twitter questions from the floor of the New York Stock Exchange. Jim tackles a question on how to play the upcoming Ebay(EBAY) and Paypal split. Jim says you should own Ebay, and that Paypal will be in the same leagues as Visa(V) and Mastercard(MA), two of his absolute favorite stocks. Cramer says be careful of shares of Energy XXI(EXXI). He says the company’s balance sheet is hurt and they needed oil prices to go to $120. On Foot Locker(FL), Jim says it had an amazing quarter but to buy stock of Nike(NKE). Jim also says he sold Lululemon(LULU) at a substantially higher price than he bought it for Action Alerts and if the stock goes back to the 50s he’d buy the stock again. Jim was asked about the Rave Restaurant Group(RAVE), and is not interested. He says there are so many restaurant companies he does like but this is not one of them. His favorite restaurant stock pick is Jack In The Box(JACK) at $88 a share. Jim also says he looked at the pharmaceutical company Akorn (AKRX) but he is not a fan. Jim says to stick with the major pharmaceutical companies. -- Get Cramer's top stocks with Action Alerts PLUS Trade with him FREE for 14-days.
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