Lightning Round: Daimler, Brocade, RIM and More
Daimler : Cramer wouldn’t own any autos heading into an economic slowdown because the pin action is “disastrous.” That said, he thinks Daimler is the best of the bunch.
Quintana Maritime : Dry bulk shippers are too economically sensitive to be owned here, Cramer said. Don’t buy QMAR, even with its great 5% yield.
Silver Weaton : Its good to own a gold stock for diversification, but the precious metals pure play SLW won’t work right now, Cramer said.
Bank of America : It’s a better lender than most, according to Cramer, but he wouldn’t count on it going anywhere soon.
Brocade : It’s a buy, Cramer said. Cisco , too. He thinks tech will come back before the rest of the market.
Tenet Healthcare : After having its first good quarter in years, THC took off. Cramer would pull the trigger at $3.50. It’s too expensive now, but “that company is back,” he said.
Research In Motion : Cramer won’t back away from RIMM or Apple or Google , three of his original Horsemen of Tech.
Questions for Cramer? email@example.com
Questions, comments, suggestions for the Mad Money website? firstname.lastname@example.org