Lightning Round: Allegheny, Cisco, Alcon and More
Cisco Systems : Cramer recommended buying Cisco on this weakness.
Dicks Sporting : When the stock drops to $21, it might be cheap enough to buy. But Cramer urged caution because the comp store sales weren’t grow and that does not bode well for the long term.
Alcon : Cramer said he thinks the play ACL has come and gone.
Allegheny Tech : “I still don’t see a bottom in that company,” Cramer said. ATI has too much exposure to the struggling airlines.
Church & Dwight : Cramer said he likes CHD but he wants to see the stock drop below $60 before you buy.
Jim’s charitable trust owns Cisco Systems.
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