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Jul.22
6:26 PM ET
Tuesday, 22 Jul 2008
Lightning Round OT: Ultra Petroleum, Disney and More
Topics:Stock Picks | Stock Market
Companies:Walt Disney Co | Ingersoll-Rand Co Ltd | XTO Energy Inc | Ultra Petroleum Corp
Ultra Petroleum [UPL
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]: Until XTO Energy [XTO
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] prices its latest offering, Cramer won’t recommend UPL.
Ingersoll-Rand [IR
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]: Cramer’s a buyer of IR at $36, he said. But cautioned investors to do their homework first. It might be some time before this stock pays off.
Disney [DIS
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]: At $30, Cramer recommended buying half a position. Then he’d wait for a downgrade or other negative sentiment to buy the rest. He’s bullish on Disney.
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