Lightning Round: Terex, Visa, Raytheon and More
Toronto Dominion : Cramer called Toronto Dominion one of the best-run banks. “I like TD, and I think it’s a buy here.”
Terex : This stock is too cheap. Cramer’s a buyer. Caterpillar is even cheaper, though, and it has a better brand name, he said.
Visa : Cramer said he likes Visa better than Mastercard right now.
L3 Communication : This stock could do well no matter which candidate – John McCain or Barack Obama – is elected president, Cramer said. “I think LLL is right to buy.”
Intrepid Potash : Fertilizer’s in “a world of hurt,” Cramer said. He can’t get behind IPI.
Raytheon : Like L3, Cramer’s bullish on this defense stock.
Allegheny Tech : Cramer won’t recommend ATI right now.
Patriot Coal : “Patriot Coal must be sold here.” Natural gas is cleaner, cheaper and better than coal, so Cramer said to stay away from coal stocks.
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