Lightning Round: Chesapeake, Corning, J&J and More
Johnson & Johnson : JNJ is a buy, Cramer said. This stock bounced back early after the crash of ’87 and Johnson & Johnson could do it again.
Corning : Cramer said to wait until this $12 stock pulls below $10 before you consider buying.
AK Steel : The steel stocks still have lower to go, Cramer said. Go with Nucor instead because at least it has a dividend.
Chesapeake Energy : A Wall Street Journal story reported that CHK is out of cash, Cramer said, so this stock is a “don’t buy” for now.
Jim's charitable trust owns Johnson & Johnson.
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