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Jun.30
6:13 PM ET
Monday, 30 Jun 2008
Lightning Round OT: Freeport-McMoRan, EMC and More
Topics:Stock Picks | Stock Market
Companies:EMC Corp | VMware | Freeport-Mcmoran Copper & Gold Inc
MercadoLibre [MELI
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]: Don’t buy until the Latin American markets settle down, Cramer said.
Freeport-McMoRan [FCX
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]: FCX is a “terrific minerals stock,” Cramer said. He recommended buying it.
EMC [EMC
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]: EMC at $14, has $1 of downside, Cramer said, and $3 of upside. But he still called the stock a “house of pain” for not capitalizing on its stake in VMware [VMW
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].
Jim's charitable trust owns EMC and Freeport-McMoRan.
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