Lightning Round OT: Excel Maritime, Sunoco and More
Excel Maritime : “The shipping rates have collapsed.” But Cramer’s expecting a rally in Shanghai (the play on that would be The China Fund), and that should boost the shipping industry, he said. If that happens, then Cramer thinks Frontline is the way to play it.
AeroVironment : “Right now, Obama looks like a winner and so does that stock.” This unmanned-aircraft maker is just the kind of defense play the Democratic hopeful will like if he’s elected. And Cramer said the market’s already as if Obama was in the White House.
Sunoco : Stay away from the refiners, Cramer said. Stick with the oils, but only as a trade.
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