Lightning Round: GM, Oshkosh and More
Smart Balance : Cramer’s not a fan. Stick with a name like Pepsi , he said.
Parametric Technology : If you want to be in the software stocks, Cramer recommends BEA Systems .
General Motors : The UAW should have gone after someone else, Cramer said, because GM is “sticking it to them.” The company is a powerhouse, and Cramer recommends keeping an eye on it, then buying aggressively when the stock comes in.
DirecTV : Cramer likes DTV, but his favorite satellite play is RRSat Global Communications .
Zumiez : “Have you been to one?” Cramer asked. “The place is rockin’!” ZUMZ has the momentum and it has the merchandise, he said. It’s a “hot play in a hot market,” and he endorses it even at its 52-week high.
Superior Offshore : Along with NYSE Euronext and Sears Holdings , DEEP is an example of a good company with a terrible stock, Cramer said. That said, he still is holding onto the faith that all three of these companies will come back.
Oshkosh : This truck manufacturer has an “ideal combination” of emergency and defense vehicles, but Cramer is sticking with his favorite defense name: Northrop Grumman, followed by Lockheed Martin .
Cisco Systems : The stock is going the speed limit, Cramer said, and it’s not going to get a ticket. If CEO John Chambers can come out and say he’s bullish, Cramer is bullish, too.
GMX Resources : Cramer is a believer in natural gas going higher. Stay long nat gas, he said, and GMX is a “fine” way to do that.
Siemens : Despite recent losses, SI is a high-quality company, Cramer said, and it’s too cheap to be forgotten. Also: “Germany is coming back.”
Parker Drilling : “This is the worst driller in the world,” Cramer said. “Step up to the plate and buy some quality!” He recommends Transocean, Schlumberger or Halliburton .
Assurant : This one is boring, Cramer said. He prefers Prudential and Metlife . Questions, comments, suggestions for the Mad Money website? firstname.lastname@example.org
Jim's charitable trust owns NYSE Euronext, Sears Holdings and Transocean.
Questions for Cramer? email@example.com
Questions, comments, suggestions for the Mad Money website? firstname.lastname@example.org