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Oct.10
9:54 PM ET
Friday, 10 Oct 2008
Lightning Round: Chesapeake, Corning, J&J and More

Johnson & Johnson [JNJ  Loading...      ()   ]: JNJ is a buy, Cramer said. This stock bounced back early after the crash of ’87 and Johnson & Johnson could do it again.

Corning [GLW  Loading...      ()   ]: Cramer said to wait until this $12 stock pulls below $10 before you consider buying.

AK Steel [AKS  Loading...      ()   ]: The steel stocks still have lower to go, Cramer said. Go with Nucor instead because at least it has a dividend.

Chesapeake Energy [CHK  Loading...      ()   ]: 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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