Lightning Round: Level 3, Circuit City, Tellabs and More
Jones Soda : Why own Jones when you could own Pepsi or Coca-Cola , two truly great soda companies? “Let’s not trade down,” Cramer said.
INVESTools : Cramer is bullish on SWIM. “They have pulled it off.”
Melco PBL : When it comes to the casino business: “They know nothing!”
Skyworks : Cramer likes Sky Works as well as RF Micro Devices . But he stressed the only window of opportunity to own these stocks is between now and January. Sky Works is poised to go to $12, but get out when it does, he said.
Precision Steel : In the bubble that is the Chinese market, Cramer is sticking only with the best. Precision Steel is not the best.
Circuit City : Trade up to Best Buy, Cramer advised. “Circuit City is in an existential crisis.”
Invesco : Cramer prefers T. Rowe Price .
Level 3 : Only when CEO Jim Crow - who had been in the hospital and is the main reason Cramer had recommended LVLT - comes on Mad Money and says he is in good health will Cramer get behind the stock again. “Mr. Crow, come on this show!”
Tellabs : This stock is history if it doesn’t complete an acquisition, Cramer said, and that’s not enough of a reason to own it.
Under Armour : “Don’t believe the bears. Under Armour is the place to be!”
Aircastle : Cramer likes the yield and remains bullish. It’s just not that exciting of a stock, he said.
Lance : The better play is Kraft , Cramer said.