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Jim Cramer's lightning round: IBM is going heavily into the cloud

Jim Cramer's lightning round: IBM is going heavily into the cloud "Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

Cracker Barrel Old Country Store: “Well Cracker Barrel has been a stock that I have liked literally forever. It’s just up on a spike. If it comes down, I’d be a buyer. I know that it is deeply related to gasoline prices and also to travel, but that’s O.K. It’s an inexpensive long-term holding.”

International Business Machines: “I like the management changes. They’re going heavily into the cloud, which is where I think they should be. It yields 4.4%, but it is not going to be the kind of stock that is just going to bounce right back ’cause it’s just not like that. It’s a big enterprise company.”

Texas Roadhouse: “I was shocked that that business is as good as it is and I’ve got to tell you: if it comes down into coronavirus worries or we get an outbreak here, I want you to buy that. That was a really impressive quarter. That was their breakout quarter, and it will be that way for a long time.”

PG&E Corp.: “Too much of a mess.”

Zix Corp.: “I don’t know Zix. I don’t know that. I wish I knew it, I don’t know it.”

Stamps.com: “That was a pure short-squeeze. It was part of the froth that we had last week. I don’t want anything to do with that. I think it’s time to ring the register.”




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