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Oct.01
6:26 PM ET
Wednesday, 1 Oct 2008
Lightning Round: U.S. Steel, Honeywell, Arch Coal and More

U.S. Steel [X  Loading...      ()   ]: 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 [HON  Loading...      ()   ]: Until the Boeing [BA  Loading...      ()   ] strike ends, Cramer won’t recommend Honeywell.

Jefferies [JEF  Loading...      ()   ]: Cramer said he wouldn’t recommend a broker.

Yamana Gold [AUY  Loading...      ()   ]: 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 [ACI  Loading...      ()   ]: If Barack Obama wins the presidency, investors don’t want to own coal, Cramer said.




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