Cramer’s Lightning Round: Merck is a buy
$Teladoc Health (TDOC.US)$ : “What’s going on there, right now we’ve got this Cathie wood, she sells the stock almost every day. She bought it much higher, it’s really painful to watch.”
$Fortinet (FTNT.US)$ : “Fortinet reported a very good quarter...I remain committed to Nikesh Arora and Palo Alto Networks, which I think is doing the best of all of them.”
$Enova (ENVA.US)$ : “Enova, a little dicey. A little dicey because it’s untraditional lending. I am just a traditionalist. I say go with the stock that collapsed over the last week, go with Wells Fargo.
$GE HealthCare Technologies (GEHC.US)$ : “They did have a decent quarter, they have been hurt by China...I bought the worst of the three, and I’m not proud of myself.”
$Bentley Systems (BSY.US)$ : “This is enterprise software, and, you know, there is more money being lost in enterprise software in 2024 than in any other sector, so I can’t play, I’m sorry.”
$Merck & Co (MRK.US)$ : “You should buy Merck. I have tremendous, tremendous faith in what Robert Davis is doing.”
$Monolithic Power Systems (MPWR.US)$ : ”...I’m going to have to say no, the day to buy it was yesterday.”
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