It's Time for the Lightning Round!
EMC : “You know that’s on a foot race to $22.”
Target : “I think it’s time to do a little schnitzel. I think Wal-Mart’s now going to go to $52 from $49. How about taking a little bit of money out of Target and putting it in Wal-Mart?”
Juniper Networks : Juniper’s not as good as Cisco, Cramer said. He’d rather see investors in CSCO.
Acadia Pharmaceuticals : Cramer said the group is under a cloud, but be patient. He’s reiterating his “buy” call on ACAD, which Home Gamers should know is a speculative pick.
Omniture : The recent pullback is a change to buy in, Cramer said. “I think it could be up 10 points. Stick with Omniture.”
TOP Tankers : Cramer likes General Maritime and Frontline in this group, but he’ll give a thumbs-up to TOPT too.
Advanced Micro Systems : “Far be it for me to recommend selling any semiconductor stock in the red hot semiconductor market.” Cramer’s a bit partial to Intel, though.
XM Satellite Radio : “There’s not enough there.” Don’t buy!
Cal Dive International : This is the perfect stock to own going into hurricane season, Cramer said. It’s a cheap stock in a great group.
Immersion : “I want to know more before I opine on it.” Cramer promises to come back to it in the near future.
Hercules Offshore : Cramer likes the stock, but he still thinks Transocean, GlobalSantaFe and Schlumberger are better.
Diageo : Cramer’s charitable trust owned DEO, but he rang the register on it. So he can’t recommend it to anyone else right now.
Southern Copper : Cramer’s bullish on PCU.
Jim's charitable trust owns Transocean.
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