On CNBC’s “Mad Money Lightning Round,” Jim Cramer said Abbott Laboratories (NYSE:ABT) is a “very good company and will be up to the—let’s say—up to the challenge. I think that’s fair. You’re getting a premium company at a very low multiple that is doing a lot right.”
When asked about Herbalife Ltd. (NYSE:HLF), he said, “That ship has sailed, frankly, I’m moving on from that one.” The company’s stock has lost more than 9% over the past six months.
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