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I’m worried about a lot of things, but not a recession

  • CNBC’s Jim Cramer explains why the worries of a near-term recession are overblown.
  • The “Mad Money” host also sits down with the CEOs of Hasbro, S&P Global and Norfolk Southern.
  • In the lightning round, Cramer gives the short and long of it for a gene therapy play.

Lightning round: The long and short of CRSP

In Cramer’s lightning round, he flew through his responses to callers’ stock questions:

Crispr Therapeutics AG: “The short term: it seems to be under pressure a lot. The long term: I like the idea and I think it could go higher. I will say that if you really want to be in that business, you should be buying the stock of Illumina.”

Etsy Inc.: “I think that this is the craft Amazon. Really good management. I would stick with that.”

Disclosure: Cramer’s charitable trust owns shares of Amazon.

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