It's Time for the Lightning Round!
Jacobs Engineering : “If you were to start investing with Jacobs Engineering, you could be in for a long-term, multiyear bull market.” Cramer’s also a fan of Foster-Wheeler.
Superior Offshore : “That stock is too cheap.” Cramer would pull the trigger right here.
Chicago Bridge & Iron : Cramer says this stock’s risk-reward is one down, five up. Since we just caught the one down, he thinks you should get in now.
Lowe’s : Cramer likes home improvement because he thinks the comps get better for the second half of the year. Home Depot and Sears Holdings are both worth a look.
Switch & Data Fac : “I like that stock. I’m surprised it’s down this low. I want to buy it right here.”
Ball Corp. : BLL is both an aerospace business and a packaging unit. On a split-up basis, Cramer thinks it could be worth as much as $65. He recommends buying aggressively at its present level.
Aegean Marine : “Don’t buy!”
Color Kinetics : This stock is too high for Cramer. “Don’t buy!” He wouldn’t touch Daktronics either.
Ionatron : This is definitely a speculative stock – it’s either going to be up big or down big. But Cramer still likes it.
Verizon Communications : Don’t underestimate Verizon, Cramer says. Cramer likes CEO Ivan Seidenberg and the yield. He’s bullish on VZ.
Dendreon : Dendreon is just a battleground right now, so Cramer’s giving it a “don’t buy.”
Cerner : Cramer thinks Cerner is the number-one record-keeping company in the U.S. He’s sticking with this stock.
Rite Aid : CEO Mary Sammons is best in show. Cramer recommends buying the stock on the coming equity offering. “Rite Aid is going to $10 – I want you in.”
Jim’s charitable trust owns Sears Holdings.
Questions? Comments? firstname.lastname@example.org