Lightning Round: Colfax, Staples, Kodak and More
Energy Solutions : “Too scary for me,” Cramer said. Don’t buy.
Colfax : Oil and gas stocks are under pressure right now with commodity prices coming down. If investors want to buy into CFX, they should scale in as the stock comes down, Cramer said. CFX could go as low as $8 (it’s at $14 now).
Kimberly-Clarke : Cramer’s bullish on KMB. He likes Clorox in this environment, too.
Petrohawk Energy : This is a speculative play, Cramer said. If investors want to speculate, this stock is OK. Otherwise, be ready for some volatility with commodity prices dropping.
Staples : Don’t buy Staples, Cramer said. He doesn’t like retailers right now.
Eastman Kodak : Sell, sell, sell, Cramer said.
Questions for Cramer? email@example.com
Questions, comments, suggestions for the Mad Money website? firstname.lastname@example.org