Lightning Round: Frontline, China Mobile, Foster Wheeler and More
Web Editor, "Mad Money"
To start Tuesday’s Lightning Round, Cramer revisited his Four Horsemen of Tech: Research in Motion, Amazon.com, Google and Apple, which are up 127%, 40%, 30% and 51%, respectively.
Amazon didn’t report a quarter to Cramer’s liking, so he recommended ringing the register. Homegamers should take some profits in Research in Motion and Apple too, as much as half in the latter. But holders of Google can let it ride, he said.
Frontline : “Frontline’s really good.” Cramer recommended buying some FRO.
Parker Hannifin : Cramer loved the quarterly earnings and the management. He’s bullish on Parker Hannafin.
First Solar : “It’s going higher.” Investors who own FSLR should take some profits, Cramer said. Don’t get greedy.
Harley Davidson : Cramer called the quarter “miserable.” HOG is a sell as far as he’s concerned.
China Mobile : Cramer said he likes CHL, along with Baidu.com and Focus Media , but the stocks have had a good run. Remember: Bulls, bears, hogs…take some profits and let the rest run, he said.
Terra Nitrogen TNH: When it comes to fertilizer stocks, Cramer likes Sociedad Chemica , Mosaic , Agrium , CNH Global and then Terra Nitrogen, in that order. Owners of TNH should trade up, he said.
Johnson & Johnson : “Keep looking.” Cramer is bearish on JNJ. He thinks Schering-Plough is better.
Foster Wheeler : Cramer likes FWLT, but Shaw Group is cheaper, he said.
JAKS Pacific : “I like JAKS. I think it goes to $30.”
International Gaming Technology : “IGT, I want you to buy it.”
Jim's charitable trust owns International Gaming Technology.
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