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Aug.19
12:27 AM ET
Tuesday, 19 Aug 2008
Lightning Round OT: Constellation, Allscripts and More
Constellation Energy [CEG
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]: Utilities are supposed to be safer investments than other stocks, Cramer said. So Constellation’s accounting and downgrade problems make this an unattractive play. Go with ConEd instead.
Allscripts Healthcare [MDRX
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]: This stock has already had a good run, Cramer said, so take profits.
Pain Therapeutics [PTIE
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]: Pain hasn’t performed well since Cramer last recommended it. Sell PTIE, he said.
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