Jim Cramer Says the Right CEO for Valeant Could Lead to a Rebound

Jim Cramer says he's not sure if Valeant can rebound, and a lot will depend on who is named as the new CEO.
Author:
Publish date:

TheStreet's Jim Cramer says he's not sure if Valeant (VRX) can rebound, and a lot will depend on who is named as the new CEO. Cramer said if the right chief executive is in place, it could become a good stock. A viewer wanted to know whether to buy Broadcom (AVGO) - Get Report , and Cramer said yes to that, calling Broadcom is the new 'king of semis.' Another viewer asked about Cummins,  (CMI) - Get Report and Cramer said if you think China is coming back, that's a stock to own. But he cautioned that it's run up a lot, so 'only buy half.' Cramer also said there are some stocks investors should buy if they like the products. Those stocks include Amazon (AMZN) - Get Report , Tesla (TSLA) - Get Report and Netflix (NFLX) - Get Report .  Cramer is portfolio manager of the Action Alerts PLUS charitable trust. Viewers can send their questions to Cramer's Facebook (FB) - Get Report page, or on Twitter (TWTR) - Get Report , use hashtag CramerQ.

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.