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Jim Cramer says buy the plunge in Macy's — plus his thoughts on 4 more stocks

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CNBC's Jim Cramer on Monday weighed in on Macy's and four other stocks outside the Investing Club portfolio.

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Goldman Sachs : Shares rose about 1% after the Wall Street bank reported better-than-expected second-quarter results. "If they had had two M & A deals close within the quarter — they were pushed back to July 1 — then they would've just crushed the number, so let's keep this in mind," Jim Cramer said. "This was a fine quarter. It could have been even better.

8 billion. Jim noted that Cleveland-Cliffs says the acquisition is immediately additive to earnings per share, "which means buy it." Super Micro Computer : Shares were up about 0.6% on news that the artificial intelligence server maker will be added to the Nasdaq 100. "It's an adjacency to Nvidia. ... It should be up" on the Nasdaq 100 news, Jim said. Electronic Arts : Citigroup downgraded the stock to a hold-equivalent rating.

 

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