- CNBC’s Jim Cramer explains how Alibaba is an investor’s best bet when it comes to investing in Chinese stocks during the trade war.
- The “Mad Money” host also hears from his resident energy expert, RBN Energy’s Rusty Braziel.
- In the lightning round, Cramer says one best-of-breed stock is a bit expensive for his taste.
Lightning round: Cleaning up with CLX?
In Cramer’s lightning round, he flew through his responses to callers’ stock questions:
The Clorox Co.: “You are paying a high multiple for Clorox. One of my themes this week and last week was the high multiple you’re paying for safety. I like Clorox. I regard it as the best of the consumer packaged goods. But always remember it is an expensive stock, and I’d prefer to get it at maybe a 3 percent yield instead of 2.6. But [CEO] Benno Dorer is doing terrific.”
T. Rowe Price Group: “A lot of people have turned a lot on all of these stocks that have to do with equities, picking equities. This yields 3 percent. It’s a very well-run company. I’m not going to tell you to go away from it. I’m going to tell you to go toward it.”
Questions for Cramer?
Call Cramer: 1-800-743-CNBC
Questions, comments, suggestions for the “Mad Money” website? email@example.com