Lightning Round: U.S. Steel, Honeywell, Arch Coal and More
U.S. Steel : With the price of steel coming down, X could have further to drop before it bottoms. Stay away from U.S. Steel for now.
Honeywell : Until the Boeing strike ends, Cramer won’t recommend Honeywell.
Jefferies : Cramer said he wouldn’t recommend a broker.
Yamana Gold : This gold company hasn’t performed well, so Cramer won’t recommend AUY (even though he does think investors should have a gold stock in their portfolios – just not this one).
Arch Coal : If Barack Obama wins the presidency, investors don’t want to own coal, Cramer said.
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