Lightning Round: Home Depot, BP, VMware and More
ICON : “I don’t know it well enough” to make a call, Cramer said.
VMware : “I’m disappointed in VMware…that thing has just been one disaster after another.” EMC , which spun off VMware and still owns a significant piece of the company, might be a play here, but Cramer’s charitable trust recently sold its EMC holdings.
Smith International : This cheap oil-drilling stock is a buy, Cramer said. “Smith is a winner.”
BB&T : “The stock is up and it’s going higher,” Cramer said of BB&T. This is one of the few banks whose conservative strategies allowed it to sidestep most of the credit mess we’ve seen. “This is a well-run bank.”
BP : Cramer had few good words for BP outside of the company’s 5.8% yield. But the stock’s cheap because oil is down right now, and that alone might be a reason to buy BP.
Home Depot : The recent quarter impressed Cramer, he said. “I think they’re making a comeback. I am endorsing right here, right now a buy” of Home Depot.
Rowan : “Rowan is just too cheap.” But Cramer warned of a possible sell-off after two days of positive action for this stock. But overall he’s bullish on oil-related names (other than refiners) right now.
Almost Family : “I like home nursing…nice part of the economy.” Almost Family is a buy, Cramer said.
National Oilwell : Cramer said this stock should go to $82. It’s at $74 and change now.
Central European Media : Russia isn’t the place to invest right now, Cramer said. So stay away from CETV.
Jim's charitable trust owns National Oilwell Varco.
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