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Sep.22
7:03 PM ET
Monday, 22 Sep 2008
Lightning Round OT: BP, Visa and More
Topics:Stock Picks | Stock Market
Companies:Nucor Corp | Metalico, Inc | BP p.l.c. | Visa
Visa [V
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]: This is more of a long-term play than one for the short term, Cramer said. Too much consumer weakness right now.
BP [BP
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]: Cramer likes BP, but not until it drops to $52 a share.
Metalico [MEA
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]: “The scrap metal business is no longer a good business because China has slowed,” Cramer said, and demand has slowed across the board. Go with an integrated metals play like Nucor [NUE
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] instead.
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