It's Time for the Lightning Round!
Frontline Ltd : Cramer recommends swapping out of FRO and buying General Maritime, which has a 7% yield and is at a 52-week low.
Infineon : “You are knee deep in a second-rate semiconductor,” Cramer says. He would sell IFX now and buy it back at $12, which he thinks will be the price come August.
Dow Chemical : “I’m in the ‘don’t buy’ camp until that stock goes to $40.”
Blockbuster : “I don’t like it here, even at $3.95.”
AECOM Technology : Because it’s so cheap, Cramer says “pull the trigger.”
Jamba Juice : The whole group, including Jones Soda and Hansen , has become overheated, he says. “We played it, but now I’m a seller.”
Best Buy : Cramer thinks there are two more downside points before “you could be headed to the house of pleasure.”
First Solar : This is the only one in the sector Cramer likes. He knows it’s speculative, but it’s just too good to short, he says.
Las Vegas Sands : “I don’t want to buy it and I don’t want to sell it,” Cramer says. “I think you can hold onto it.”
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