Lightning Round: E*TRADE, Genentech, Exxon and More
Under Armour : The stock isn’t moving because of inventory problems, Cramer said. But the colder the winter gets the better the stock should do. He likes VF Corp. , too.
Masimo : The business fundamentals on MASI are strong, Cramer said. He’s bullish on Masimo.
Stryker : “You’ve got a winner there. I don’t care that it’s near a 52-week high. I would still buy, buy, buy!”
Genentech : “At this level, I can’t sell it.” Cramer said he thinks DNA is a buy.
China Petroleum :PetroChina , Baidu.com , China Telecom and Focus Media are Cramer’s China picks. Perfect World has had a great run, too, he said.
Walgreen :CVS Caremark and Rite Aid are better picks, Cramer said.
Citigroup : President Bush’s subprime bailout plan is good for city, and a new CEO should “get something cooking,” Cramer said. He won’t abandon this stock.
China Precision Steel :U.S. Steel , AK Steel , Reliance Steel and Cleveland Cliffs are better steel company, Cramer said.
E*TRADE : Investors should stay far away from ETFC.
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