Lightning Round: Transocean, Apple, Coke and More
VisionChina Media : Cramer won’t get behind Chinese stocks right now.
Coca-Cola : Coca-Cola reported a strong quarter and the company has its raw costs under control, so Cramer’s bullish on KO.
Apple : Apple’s a buy, Cramer said, but only if investors buy in small increments as the stock declines in price. AAPL is known for its wild price swings so he doesn’t want people buying an entire position at once.
Transocean : The oil and gas group has come down enough that Cramer said RIG and its peers could be bought.
Linn Energy : “I think that stock represents great value,” Cramer said of LINE. He’s bullish on natural gas stocks right now.
Cal-Maine Foods : “I like the fundamentals” on CALM, Cramer said. He likes the stock but urged caution because Cal-Maine is so close to its 52-week high.
iStar Financial : Cramer called this company “high risk.” “Even down here I don’t trust it,” he said.
Meadowbrook Insurance : MIG has potential as a speculation play only, Cramer said. It’s a very small company, so do your homework before you decide to buy.
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