Jim Cramer Says Lam Research Is a Star, Likes Nike Over Skechers

Jim Cramer said he'd be a buyer of gold instead of silver, prefers Nike over other footwear brands and sees Lam Research as a star.

Author:: Jim Cramer
Publish date:: Mar 23, 2016 3:07 PM EDT

TheStreet's Jim Cramer said he'd be a buyer of Gold instead of Silver, prefers Nike over other footwear brands and sees Lam Research as the star of the semiconductor sector. Cramer said when it comes to commodities, he prefers gold to silver. 'Randgold (GOLD) - Get Report has come down quite a bit here. Down about $7 in the last few days, that's my play for gold.' On the footwear front, Cramer said that while Skechers (SKX) - Get Report has a 'sensational' CEO, there is not enough clarity on how the company is doing at any given time. Cramer said, 'Skechers is a bit more of a black box.' Cramer said that wile shares of Applied Materials (AMAT) - Get Report may be inexpensive, investors looking to own the semiconductor sector should buy Lam Research (LRCX) - Get Report instead. TheStreet's Ruben Ramirez reports from the floor of the New York Stock Exchange.