Lightning Round: E*TRADE, Nordstrom, Trane and More
Abbott Labs : A great diagnostic play worth buying, Cramer said.
Infinera : “This group has gotten too hard for me.”
Southern Copper : Not bad, but Freeport-McMoRan is better, according to Cramer. FCX has gold and copper, it’s cheap and it could be taken over.
Nordstrom : Cramer thinks it heads back to $36. He would buy it.
E*TRADE : “One of the worst portfolios I have ever seen.” ETFC is a loser – period, Cramer said.
Anthracite Capital : Forget Anthracite and buy Annaly Capital, Cramer said, which is his favorite mortgage play.
Anadarko Petroleum : A well-run oil and gas stock in the same echelon as Apache , Devon and Cramer’s favorite: XTO Energy .
Trane : It is too heavily levered to residential housing, Cramer said, but it’s still a “great company.” He doubts Trane will be independent in a year.
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