Lightning Round: RIMM, Shutterfly, J. Crew and More
Research In Motion : A dynamite company, but Apple’s less-than-stellar earnings Tuesday mean RIMM could come down. Cramer recommended waiting until the stock drops five or six points before buying in.
Freeport-McMoRan : It’s still too high for Cramer’s tastes. Don’t buy, he said.
Diamond Offshore : The business is in a transition year, the Schlumberger CEO said, so Cramer can’t give DO a thumbs up.
Shutterfly : “Just way too risky.”
J Crew Group : Cramer is bullish on JCG. It’s a solid business, he said.
BHP Billiton :CVRD is a buy “tomorrow,” Cramer said, and FCX is a buy if it comes down a bit.
LifePoint : Cramer’s not sure how recession-proof the industry he is, so he can’t make a decision about this company.
Baidu.com : China’s come down enough for Cramer to say BIDU might be a buy. If the stock is down Wednesday, he said to back up the truck.
Jim's charitable trust owns Freeport-McMoRan
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