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Oct.02
10:14 PM ET
Thursday, 2 Oct 2008
Lightning Round: Colfax, Staples, Kodak and More

Energy Solutions [ES  Loading...      ()   ]: “Too scary for me,” Cramer said. Don’t buy.

Colfax [CFX  Loading...      ()   ]: 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 [KMB  Loading...      ()   ]: Cramer’s bullish on KMB. He likes Clorox [CLX  Loading...      ()   ] in this environment, too.

Petrohawk Energy [HK  Loading...      ()   ]: 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 [SPLS  Loading...      ()   ]: Don’t buy Staples, Cramer said. He doesn’t like retailers right now.

Eastman Kodak [EK  Loading...      ()   ]: Sell, sell, sell, Cramer said.







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