Lightning Round: Qualcomm, El Paso, Deere and More
Qualcomm : Cramer’s been worried about Qualcomm’s legal troubles, but “I think that Qualcomm’s actually got a pretty good future,” he said, but cautioned that he is not a believer in tech right now.
Deere : Deere’s a buy up to $100, Cramer said.
El Paso : EP’s low, but there’s upside. Cramer’s bullish on the natural gas sector.
Gentex : Gentex is taking a hit for its autos exposure, but Cramer said he’d stick with it. He likes Johnson Controls and Honeywell .
Mercadolibre : “I think you want to buy that stock.”
Fifth Third Bancorp : The good days at this bank are over, Cramer said. Fifth Third’s a sell.
XTO Energy : “Those guys are en fuego. I say you stick with it. And if it goes under $60, you buy some more.”
Agnico-Eagle Mines : “A lot of people are panicking out of gold. I think it’s a mistake.” If you believe like Cramer does that gold’s going to $1,600, buy AEM.
Syngenta : Cramer said he loves the seed companies. SYT’s a buy.
Visteon Corp : “You don’t want to be in Visteon.”
International Paper : IP is a sell, Cramer said.
Marvell Tech : “This company has just been a horrible performer…Stay away from MRVL.”
Jim’s charitable trust owns El Paso and XTO Energy.
Questions for Cramer? firstname.lastname@example.org
Questions, comments, suggestions for the Mad Money website? email@example.com