Lightning Round: Time Warner, Applied Materials, Hologic and More
Hologic : Cramer called today’s downgrade “dead wrong.” He thinks the merger with CYTYC has created the “premiere woman’s health company in the world. Back up the truck,” he said.
Applied Materials : This is a play on semiconductors, and Cramer doesn’t recommend Homegamers invest in that business.
Time Warner : “I think: Sell, sell, sell!” Cramer thinks the company needs to be split up.
Northstar Realty : Cramer thinks Northstar has been looped in with the rest of real estate even though it seems to be an OK company. He doesn’t like real estate right now, though, so it’s a “don’t buy,” he said.
Las Vegas Sands : Cramer was neutral on LVS after Wynn reported a mediocre quarter, but he said he likes the stock again. “I’m kind of in awe” of how good the casino business is, he said.
SiRF Technology : “It’s going higher.”
FirstEnergy : Cramer likes FE, and he said NRG Energy was a good play on energy as well.
Xilinx : “Don’t buy.”
Middleby : the restaurant business MIDD is tied to is “having a hard time,” Cramer said, so he can’t get behind this stock.
Carter’s : If Homegamers want to own an apparel stock, go with VF Corp., Cramer said.
Buffalo Wild Wings : “The stock had way, way too much hype in it.” McDonald’s, Darden and Yum! Brands are better picks as far as Cramer is concerned. Even Chipotle if the price pulls back.
Walgreen : Go with CVS Caremark instead, Cramer said.
Jim’s charitable trust owns CVS Caremark and Hologic.
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