Lightning Round: Apache, Costco, Marvel and More
Apache : Cramer said he’s expecting APA to be down for a few more days on this pullback. But come next Tuesday, this stock should be a buy.
Callaway Golf : There’s a “secular slowdown in golf,” Cramer said. It’s a “declining industry.” So stay away from Callaway.
Cato : When it comes to retail, Cramer will only recommend Urban Outfitters , Costco , Wal-Mart and TJX . Short-term trades can be made on Lowe’s and Jones Apparel , though.
Melco Pbl : “I don’t want to have anything to do with gaming.”
Marvel Entertainment : “I think that Marvel Entertainment is a winner…I would pull the trigger ahead of the big opening” of Iron Man, Cramer said. He makes an appearance in the movie.
Sapient : Cramer said he doesn’t care for this software company.
CapitalSource : Stay away from real estate investment trusts, Cramer said.
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