Lightning Round: Kroger, Fluor, Dynegy and More
Kroger : “I’m concerned about the supermarkets,” Cramer said, referencing the industry’s shrinking margins. “I cannot endorse that group.”
First Solar : “I want to see crude [oil] down a couple of days before I go back in” to First Solar, Cramer said. But he’s expecting great earnings next quarter, so buy FSLR before the report.
IMAX : Cramer said he’s surprised IMAX is doing so well, but to him the stock’s still a “don’t buy.”
SINA : China’s too volatile for Cramer. “It’s too speculative for me,” he said. Don’t buy.
Fluor : Flour’s already had too good a run. Buy some Foster Wheeler if it dips below $70 instead, Cramer said.
International Paper :Weyerhaeuser , Temple-Inland and Packaging Corp. of America are all better picks than IP, Cramer said.
Thoratec : Cramer won’t make a call on THOR right now because he doesn’t know the stock.
EMCORE : The only telecom supplier Cramer will recommend right now is ADC Telecom, he said.
Reliant Energy : Go with Dynegy , Cramer said.
Jim's charitable trust owns Foster Wheeler.
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