Lightning Round: Washington Mutual, Abbott Labs, Textron and More
Potash : “If you haven’t sold the fertilizers,” Cramer said, “sell them into this rally.” He’s not bullish on this sector right now, saying “they’re just too darn risky at this point in the cycle.”
Aqua America : Aqua American “does not have real growth,” Cramer said. “I don’t like it.”
Textron : Cramer said he likes the company, but the stock hasn’t performing well. Still, “I’m not backing away from Textron” at its 52-week low, he said, adding that a John McCain presidency could help this stock.
Abbott Labs : “Abbott Labs is dynamite.” Buy, buy, buy.
Zoran : “I have no faith in this company whatsoever. If you own it, sell it.”
American Capital : This lender to businesses has been hit hard by both the bears and the media, Cramer said. Stay away from American Capital.
JA Solar Holdings :First Solar , SunPower and Applied Materials are better picks, Cramer said.
Washington Mutual : “I cannot tell anyone in their right mind to buy Washington Mutual.” Cramer said WaMu is “one of the absolute worst-run companies I have seen.”
Jim's charitable trust owns Abbott Labs.
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