Lightning Round: Martha Stewart, Ford, Exxon and More
Integra Lifesciences : Cramer is generally bullish on medical-device makers, but he called IART a “no-go” until the company reports a solid quarter.
Martha Stewart : A “remarkable franchise” in a dying industry, Cramer said. Print media is in a long-term secular decline, and he would shy away from any business primarily focused there.
Ford : The turnaround is taking longer than Cramer anticipated. General Motors , which he believes has bottomed, is a better play.
DryShips : Don’t buy, Cramer said. DRYS won’t work unless a recovery is imminent.
Exxon Mobil : It’s hard to find a better stock than Exxon, Cramer said.
Focus Media : China has been letting Cramer down, and he’s downgrading Focus to a “don’t buy.”
HSBC : Cramer wouldn’t buy HBC because the bank’s just too levered to the credit markets.
Oceanfreight : Cramer likes the double-digit dividend. Wait for a pullback and load up, he said.
Superior Industries: The only autoparts maker Cramer will endorse here is Johnson Controls .
Juniper Networks : This is a bad time in the cycle to own tech, Cramer said. Don’t buy Juniper or Cisco Systems until further notice.
Inverness Medical : Cramer called IMA’s acquisition of Matria Healthcare a terrible move. “Management screwed up, and they know it.”
World Wrestling Entertainment : A surprising amount of international exposure, Cramer said. He would buy it. Questions, comments, suggestions for the Mad Money website? email@example.com
Jim's charitable trust owns Inverness Medical.
Questions for Cramer? firstname.lastname@example.org
Questions, comments, suggestions for the Mad Money website? email@example.com