It's Time for the Lightning Round!
Circuit City : “I’m having trouble trying to figure out why Circuit City stays in business, to be honest.” Best Buy does the job, Cramer said. “You just don’t need Circuit City.”
Build-a-Bear Workshop : Cramer thinks it is too inconsistent. “I don’t even want to get near that stock,” he said.
Wyeth : He's not a fan of most Big Pharma, so Cramer won’t recommend Wyeth, which he said has been a “terrible performer this year.” But it’s too cheap to sell, too. If it only had a big drug in the pipeline, it would be a buy, he said. Investors with a big position should “take some off the table,” Cramer said. “It’s just not that good a company.”
Oceanfreight : Cramer likes the dry bulk shipping space, including Oceanfreight and Eagle . “That group rocks.”
Synaptics : It has been a winner, but Cramer isn’t recommending it. He’s worried it’s going to face competition with its touchpad technology.
Unisys : “I can’t get behind that stock whatsoever,” Cramer said. He thinks the technology is too old and it isn’t working.
NYSE Euronext : If there has ever been a stock that has tortured Cramer, NYX is it. He picked it as one of his stocks of the year, and it has been performing horribly – and Cramer takes full responsibility for being “dead wrong.” However, he still believes in NYX over the long term and isn’t going to be “shaken out by short-term considerations.”
Martha Stewart Living Omnimedia : Cramer called MSO “disappointing” and said he can’t get behind “anything print.” The New York Times is also worrisome, he said. Questions, comments, suggestions for the Mad Money website? firstname.lastname@example.org
Jim's charitable trust owns NYSE Euronext.
Questions for Cramer? email@example.com
Questions, comments, suggestions for the Mad Money website? firstname.lastname@example.org