Lightning Round: Citigroup, Sears, Celgene and More
Excel Maritime : Cramer reiterated his buy recommendation on EXM. Don’t forget the other dry bulk shipping companies either, he said. “This group is just smoking.”
C.V.R.D. : This company has a hammerlock on nickel and should go higher, Cramer said. All the minerals stocks are on fire, but Cramer thinks RIO’s exposure in Brazil makes it especially well-positioned.
Range Resources : Cramer said he will reiterate his "buy" every day of the week on these cheap oil companies. XTO Energy is still his favorite, though.
Urban Outfitters : “I’m not a fan,” Cramer said. “This company has stumbled … I don’t want anything to do with it.”
Navteq : Cramer would ring the register and take some profits since this stock has had such an “incredible run.”
Western Union : There isn’t enough upside for Cramer to get behind WU.
Celgene : “This is one of the best picks I have ever made, and I am not backing away.”
Nastech Pharmaceutical : It’s in “great shape,” Cramer said. But he wouldn’t recommend buying it until it goes back to $12.
Citigroup : Citi is “ridiculously undervalued,” Cramer said. But as long as Chuck Prince is at the helm, “you’re not going to get the pop you deserve.”
Sears Holdings : The housing recession is really hurting Sears, but Cramer will continue to give Eddie Lampert the benefit of the doubt. Cramer doesn’t expect much upside in the stock until housing starts moving again, so he isn’t urging people to buy. But he still has faith in Lampert.
Jim's charitable trust owns Citigroup, XTO Energy and Sears Holdings.
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