Lightning Round: FedEx, Deere, Dow Chemical and More
FedEx :UPS is a better pick, Cramer said. Keep buying Big Brown into the weakness in gas prices.
Watson Pharma : WPI falls under Cramer’s “worst house in a great neighborhood.” He likes biotech in this environment, and this stock could make investors some money, but he likes other names more.
Oilsands Quest : Cramer said he likes this speculative energy play.
Healthways : This stock is down enough to be a buy, Cramer said.
GameStop : The GameStop trade has passed. Sell, sell, sell, Cramer said.
Massey : “We’re done with coal.” Cramer can’t recommend Massey.
Deere : This stock’s a buy at $62, Cramer said. “Deere is too cheap.”
Dow Chemical : If it weren’t for what Cramer sees as a bad acquisition in Rohm & Haas, he’d be more bullish on this stock. Don’t buy.
Diana Shipping : Shipping rates have plummeted, Cramer said. If you’re going to buy a shipping stock, go with Frontline or Nordic American Tanker instead.
General Motors : “That stock’s too speculative for me.”
Union Drilling : An oil driller that missed its latest quarter? Cramer can’t recommend Union. Halliburton and Nabors are better picks, he said, but be careful. Massive hedge fund selling is bringing these stocks down.
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