It's Time for the Lightning Round!
Crocs : The short position remains huge but it doesn’t worry Cramer. Only when there are four major analysts covering Crocs will he say, “don’t buy.”
Yamana Gold : We’re in a deflationary spiral and gold is the wrong thing to buy in these conditions. That said, Cramer still thinks gold belongs in every portfolio.
Precision Castparts : The bull markets in aerospace and defense are back, and PCP is a great way to play both of them, Cramer said.
Goodyear Tire : The pullback was a mistake, Cramer said. He thinks Goodyear is best-of-breed and likes it up to the $32-$33 level.
Intercontinental Exchange : Cramer likes all the exchanges including ICE, NYMEX and NYSE Euronext . They’re all in bull mode – and only NYX is doing badly, he said.
CyberSource : An intriguing name, Cramer said, but he’d rather buy Amazon, which is the “absolute best commerce play going into the fall season.”
True Religion Apparel : This group is hard for Cramer to gauge. “I don’t have a good feeling on True Religion so I can’t recommend it,” he said, but that doesn’t mean it’s necessarily bad, it’s just “too hard for me to fathom.”
Vector Group : Cramer likes Vector, Reynolds and Altria . “Those dividends are for me,” he said. “That’s why I stick with tobacco.”
Jim's charitable trust owns Altria and NYSE Euronext.
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