On CNBC's "Mad Money Lightning Round," Jim Cramer said if you want enterprise, you should go with Cisco Systems, Inc. (NASDAQ: CSCO). For those who want individual, he recommends Zoom Video Communications Inc (NASDAQ: ZM). He is not a buyer of Ubiquiti Inc (NYSE: UI).Callaway Golf Co (NYSE: ELY) is at interesting level to go long, said Cramer. He thinks golf is coming back.Cramer is not a buyer of Halozyme Therapeutics, Inc. (NASDAQ: HALO). He doesn't want to take to much risk.He would buy Cardlytics Inc (NASDAQ: CDLX) at its current level. He has been waiting for this pull back.Mercadolibre Inc (NASDAQ: MELI) is a great company and it is a buy, said Cramer.Cramer likes Martin Marietta Materials, Inc. (NYSE: MLM) as a company, but he said we are now going into recession and we don't have an infrastructure bill.See more from Benzinga * Cramer Gives His Opinion On Cisco, Uber And More * RNC Genter Capital CEO Likes Tech, Health Care, Financials In Volatile Market(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Moody's Investors Service (Moody's) downgraded Topgolf International, Inc.'s (Topgolf) Corporate Family Rating (CFR) to Caa2 from B3, Probability of Default Rating (PDR) to Caa3-PD from Caa1-PD, and the first lien credit facility ratings (including a senior secured revolver and term loan) to Caa2 from B3. The downgrade of Topgolf's ratings reflect the impact of the coronavirus outbreak which has disrupted the ability to operate the company's venues until the spread of the virus subsides.

When investing during a recession, look for stocks that make products that will do well in a recession -- and beyond.

Callaway Golf Company (NYSE:ELY) declared a regular quarterly cash dividend of $0.01 per share on its Common Stock on May 12, 2020. The dividend is payable on June 17, 2020 to shareholders of record at the close of business on May 27, 2020.

The Covid-19 lockdown has kept consumers inside for weeks. ‘People are more likely to do these things than get on an airplane and fly to Europe for their summer vacation,’ says money manager Eric Marshall at Hodges Capital Management.

Callaway Golf warned of a first-quarter-earnings shortfall but contends golfers will hit the links again as the coronavirus comes under control.

Q1 2020 Callaway Golf Co Earnings Call

Callaway (ELY) delivered earnings and revenue surprises of 6.67% and -3.19%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Callaway Golf Company (NYSE: ELY), an industry leader in golf equipment performance and innovation, today announced that they have made a donation of over $100,000 to MedShare for their COVID-19 response work.

Callaway Golf (NYSE:ELY) shareholders are no doubt pleased to see that the share price has bounced 33% in the last...

Callaway Golf Company (NYSE:ELY) announced today that it will release its first quarter 2020 financial results on Thursday afternoon, May 7, 2020. The Company will subsequently hold a conference call with financial analysts and investors to review the results and discuss the Company's outlook and business at 2:00 p.m. PDT that same day. The call will be broadcast live over the internet and can be accessed at http://ir.callawaygolf.com/. To listen to the call, go to the website at least 15 minutes before the call to register and for instructions on how to access the broadcast.

Ladies and gentlemen, thank you for standing by, and welcome to the first-quarter 2020 Callaway Golf conference call with Chip Brewer, CEO. Joining me on today's call are Chip Brewer, our president and chief executive officer; Brian Lynch, our chief financial officer; and Jennifer Thomas, our chief accounting officer.

Callaway Golf Company (NYSE: ELY) announced today the pricing of its offering of $225,000,000 aggregate principal amount of 2.75% convertible senior notes due 2026 (the "notes") in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The offering size was increased from the previously announced offering size of $200,000,000 aggregate principal amount of notes. The issuance and sale of the notes is scheduled to settle on May 4, 2020, subject to customary closing conditions. Callaway also granted the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date notes are first issued, up to an additional $33,750,000 principal amount of notes.

Callaway Golf Company (NYSE:ELY) announced today financial results for the quarter ended March 31, 2020 consistent with the preliminary estimates announced on April 27, 2020. The Company also announced the completion on May 4, 2020 of the issuance of 2.75% Convertible Senior Notes due 2026, raising net proceeds of approximately $250 million after certain transaction costs.

Activist firm reduces position in packaged foods company seeing increased demand amid the coronavirus pandemic Continue reading...

Callaway Golf Co. said Wednesday it is planning to offer $200 million in convertible senior notes that mature in 2026. The golfing accessories maker is planning to reduce the potential dilution of issuing new shares by entering capped call transactions with one or more dealers. The capped call transactions are expected to cover the number of shares of Callaway's common stock underlying the notes. Proceeds of the deal will be used to pay the cost of the capped call transactions and for general corporate purposes. Shares were slightly higher premarket but have fallen 35% in the year to date, while the S&P 500 has fallen 11%.

Callaway Golf Company (NYSE: ELY) announced today its intention to offer, subject to market and other conditions, $200,000,000 aggregate principal amount of convertible senior notes due 2026 (the "notes") in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Callaway also expects to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date notes are first issued, up to an additional $30,000,000 principal amount of notes.

Shares of Foot Locker (NYSE: FL), Callaway Golf (NYSE: ELY), and Newell Brands (NASDAQ: NWL), the respective leading retailers of shoes and accessories, golfing products, and assorted consumer goods, all dropped by double digits during intraday trading Friday after a couple of developments hit retailers hard. This was partly due to gloomy reports from Amazon. Apple also reported that its growth slowed drastically compared to the prior year, and for the first time in years, it opted not to provide investors an outlook for the full year.

Callaway Golf Company (the "Company") (NYSE:ELY) announced today that its upcoming 2020 Annual Meeting of Shareholders (the "Annual Meeting") will now be held in a virtual-only meeting format. The Annual Meeting will be held at the originally scheduled date and time on May 12, 2020 at 8:00 a.m. (Pacific Time).

In Friday trading, a handful of recreation equipment companies traded sharply higher. At the close, the stock of RV dealer Camping World Holdings (NYSE: CWH) was up 8.4%, while boat maker Brunswick (NYSE: BC) gained 10.1%. With spring starting to turn into summer, and restrictions on socially-distanced fun starting to relax, investors appear to be focusing their attention on stocks that could benefit from both trends: companies that trade in outdoor recreation equipment that turns popular in warm-weather months.