It's Time for the Lightning Round!
Gemstar-TV Guide : It had a nice run, but Cramer doesn’t want to overstay his welcome. Sell, sell, sell!
Starbucks : “I think it’s dead money.” Cramer wouldn’t recommend selling the stock if investors own it, but it’s a “don’t buy” otherwise.
PPG Industries : “I want you to pull the trigger on PPG.” Cramer’s charitable trust used to own PPG, and he said he gave up on it too early.
Millicom International : Millicom is a “fabulous” company, Cramer said. If the price comes in a bit, he recommends buying MICC. Watch the earnings report July 24.
GigaMedia : “A little too speculative for me…I don’t see anything that makes me want to pull the trigger on with GigaMedia.” Don’t buy.
Rio Tinto : Rio Tinto has had a great run, and it’s making some acquisitions, but Cramer wants to see the share price come in a little before investors think of buying it.
Intuitive Surgical : This stock isn’t done going higher, Cramer said. He thinks investors should wait until at least Wednesday before they schnitzel a little of ISRG.
General Cable : Even though this stock is up 30 points since the February sell-off, Cramer said it’s still a buy.
Rhodia : “Stay in that…I think you’re in really, really good shape, and I would not touch that stock.”
Sara Lee : “Sara Lee’s not that good a company…it’s dead money. There are better places to put it.”
Inverness Medical : “This is the fastest-growing diagnostics stock in the world.” Cramer would stick with IMA.
Jim’s charitable trust owns Inverness Medical.
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