Jim Cramer Says Okay to Buy Walmart at These Levels After Earnings

Jim Cramer, portfolio manager of TheStreet’s Action Alerts PLUS and host of CNBC’s ‘Mad Money,’ talked about Walmart (WMT) 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 said with the stock having lost 30% of its value, and with it yielding 3%, it won’t hurt you to buy it. Cramer was asked if Fitbit (FIT) can return to its highs and he responded he doesn’t know if it can get to that level, but he pointed out the stock got hit by insider selling and it can bounce higher. Another viewer asked about Electronic Arts (EA) 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. Send your questions to Jim Cramer on Facebook and on Twitter @jimcramer using #CramerQ.