It's Time for the Lightning Round!
Eagle Bulk Shipping : With an 8% yield and rates that are through the roof for bulk shipping, Cramer thinks Eagle goes higher.
Starbucks : “Problematic! I remain in a ‘don’t buy’ mode for Starbucks.”
Heelys : “This is a company that has seen its day,” Cramer said. “I am bearish on HLYS.”
Smith Micro Software : This is a decent story, Cramer said, but he’d much rather own Verizon .
Discover Financial Services : “I prefer Mastercard on a pullback than Discover right here,” Cramer said. He would even rather go with Morgan Stanley , the company that spun off Discover.
WPP Group : Since Europe is doing much better than America right now, Cramer is going to endorse this advertising stock.
Barnes Group : Cramer said he’s behind Barnes here, three points off its high.
CNOOC : “I am going to get behind any oil stock in the world because I think oil is going to the mid-80s,” Cramer said. “This one will go along with it.”
ValueClick : Even though it’s been stalled around $30, Cramer is staying bullish on ValueClick.
Blackstone Group : Cramer said swap out of BX and pull the trigger on Goldman Sachs .
Nastech Pharmaceutical : “To back away from this stock at $11 is a major league mistake.” Cramer reiterated that he thinks NSTK is going much higher.