Lightning Round: Mastercard, Abercrombie, Macy's and More
Mastercard : Cramer remains bullish on MA’s overall story, but warns that Visa’s IPO could take a bite out of the stock. Take a little profit now, he said, and buy MA back after Visa comes public.
Blockbuster : Cramer recommended selling Blockbuster months ago, and he never looked back.
CMGI : This “dot-com relic” keeps trying to make a comeback, but it isn’t working, Cramer said. Stay away.
MetroPCS : Stick with names like Verizon and AT&T, Cramer advised. “In this market you need the bluest of the blue chips.”
Textron : A stock with defense exposure that’s also an international growth story? “Buy Textron here,” Cramer said.
Macy’s : “I’ve had it with Macy’s!” When it comes to retail, only Costco and GameStop are working, Cramer said. Kohl’s is good for a trade.
Art Technology : The internet customer management company just “ain’t that good,” according to Cramer. Google remains best-of-breed, he said.
Olin : Cramer’s bullish on OLN, although he stopped short of recommending the stock.
Abercrombie & Fitch : Cramer called himself a “believer” in Abercrombie but wouldn’t recommend it for fear of getting Homegamers overextending in retail.