
Jim Cramer -- Walmart Might Go Nowhere; Fitbit Could Bounce
Jim Cramer, portfolio manager of TheStreet's Action Alerts PLUS and host of CNBC's "Mad Money," answered viewer questions from the floor of the New York Stock Exchange.
Cramer talked about Walmart (WMT) - Get Report after the company's better-than-expected earnings report. One viewer asked if the stock is a buy, but Cramer said it's going to do nothing, since the company has already said it's going to have to spend more money to compete.
But Cramer also said that since the stock has lost 30% of its value but yields 3%, it won't hurt you to buy it.
Cramer was asked if Fitbit (FIT) - Get Reportcan return to its highs. He responded he doesn't know if it can get to that level, but he pointed out that the stock was hit by insider selling and it can bounce higher.
Another viewer asked about Electronic Arts (EA) - Get Report and why the stock is dropping. Cramer responded that some people are saying its new Battlefront game is a loser, but he thinks it is too soon to make that judgement.
Another question focused on whether to buy Jack in the Box (JACK) - Get Report ahead of its earnings report. Cramer said Action Alerts PLUS has a small position in that stock, and if it gets hit, he will buy more. Selling in the group is overdone, he said. But Cramer added to be careful with Chipotle Mexican Grill (CMG) - Get Report , because he doesn't think its earnings will be good.
Cramer was asked if Alcoa (AA) - Get Report was a smart buy for the long term. He explained how the Alcoa split is a good idea, but no one will buy the stock because the Chinese are dumping aluminum.
Another viewer asked if Cypress Semi (CY) - Get Report is a viable investment for the future. Cramer said he thinks its CEO T.J. Rodgers is a fantastic manager. But at the same time, Cramer said he likes Integrated Device Technology (IDTI) - Get Report more than Cypress.
Cramer was also asked about Pure Storage Technology (PSTG) - Get Report , which he said was a high flyer. Cramer said he had suggested investors buy the stock when it fell, and it has now moved up a lot. He said the market has since moved on to other names.
On a lighter note, one viewer asked about what Cramer had for breakfast today. Cramer had half of a banana muffin and a 3:55 am workout this morning.
Cramer answers viewers' social media questions during a daily segment with TheStreet TV. Find him onFacebook F (B) - Get Report and on Twitter (TWTR) - Get Report . Send him questions on Twitter @JimCramer, using #CramerQ.








