Jim Cramer Registers Approval of Visa Deal, Sees Growth Potential in Nike, Starbucks

Jim Cramer, TheStreet's Action Alerts PLUS portfolio manager and host of CNBC's 'Mad Money,' also said that it remained to be seen how an E. Coli outbreak would affect Chipotle.
By Rhonda Schaffler ,

Jim Cramer, TheStreet'sAction Alerts PLUS portfolio manager and host of CNBC's "Mad Money," said Visa (V) - Get Report is a really interesting opportunity right now. Cramer made his comments after a viewer asked on social media about Visa's acquisition of Visa Europe, and whether PayPal (PYPL) - Get Report would be hurt by the move.

Cramer said the deal is good for Visa, and not necessarily bad for any of its competitors. Cramer also talked about a pattern in stocks, where companies like Electronic Arts (EA) - Get Report and T-Mobile (TMUS) - Get Report report great quarters, sell off, and then bottom. He said give Visa a couple of days.

Another viewer asked about whether Chipotle's (CMG) - Get Report best days are behind it or in front of it, following news about an E.Coli outbreak in the Pacific Northwest. Cramer had said the stock would go to $600 just based on its last quarterly earnings miss. Shares finished today at $623.40, up 2.63%. 

Cramer said now investors should wait a full quarter to see the damage to the stock. Responding to another question, Cramer did not say when Starbucks (SBUX) - Get Report might hit $70 a share, although he said that the company is doing a lot of good things and that "slow and steady wins the race."

Cramer also said Starbucks and Nike (NKE) - Get Report are the two best stocks for large cap growth in this market.

One viewer asked if Boeing (BA) - Get Report and Airbus would be hurt by China's decision to build domestic passenger jets. Cramer said Boeing has a huge backlog of Chinese orders, and while it might be a threat someday, it's probably not an issue for the next four or five years.

Cramer was also asked for his thoughts on JetBlue (JBLU) - Get Report , and he responded that Delta (DAL) - Get Report and American (AAL) - Get Report are less expensive, especially since JetBlue has had a very big move recently. Another viewer asked Cramer's thoughts on moving back into big oil companies like Exxon Mobil (XOM) - Get Report , Chevron (CVX) - Get Report , ConocoPhillips (COP) - Get Report , Occidental Petroleum (OXY) - Get Report , BP (BP) - Get Report and Royal Dutch Shell (RDS.A) .  Cramer noted that Exxon and Chevron had a very good run last week, but the price of oil has not.

Cramer said he's "trading sensitive" on oil, buying Occidental Petroleum  and EOG (EOG) - Get Report when those stocks fall, and selling them when it rallies. Action Alerts PLUS also holds Energy Transfer Partners (ETP) , which reports earnings this week. Cramer said master limited partnership are under pressure, and ETP offers some value.

Finally, Cramer was asked about whether Netflix (NFLX) - Get Report will continue to rise and he responded that it will. Send your questions to Cramer via social media. You can find him on Facebook (FB) - Get Report and on Twitter (TWTR) - Get Report , using @JimCramer.  Send questions with the hashtag CramerQ.

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