Lightning Round: Flextronics, Fluor, SPX and More

Arch Capital : Don’t buy, Cramer said. He wants to see Arch Capital come down another $4 before investors buy.

Fluor : Cramer likes Flour at $53, and Joy Global , his favorite in the group, below $50. McDermott , too, is a buy at present levels.

SPX : Cramer can’t recommend an industrial company right now, even though he likes the company. The environment isn’t right for SPW.

Babcock & Brown Air : Sell, sell, sell, Cramer said.

Flextronics : Tech’s too hard right now to own a lesser name like Flextronics, Cramer said.

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