Lightning Round: Altria, Kroger, Consol Energy and More
Supervalu :Kroger’s a better supermarket stock, Cramer said.
Western Digital : Wait for WDC to drop to $12 a share before you consider buying.
Altria : Cramer’s bullish on this stock for two reasons – people don’t stop smoking just because of a recession and the dividend yield is great. MO is perfect for this tough environment.
Consol Energy : If you think McCain will win the presidency, then these coal stocks are a buy. But if you’re leaning Obama, Cramer recommended you stay away. If Obama comes out on top on Nov. 4, then these stocks could be sold off. Only then would you have an opportunity to buy CNX and some of its peers.
Lincoln National : A government guarantee of insurance annuities would really help LNC, Cramer said. If that doesn’t happen, investors probably want to steer clear of this stock.
PMC Sierra : Cramer recommended buying PMC during the first week of December, which is when tax-loss selling accelerates to its conclusion. He thinks this company should rebound eventually.
Jim's charitable trust owns Altria.
Questions for Cramer? firstname.lastname@example.org
Questions, comments, suggestions for the Mad Money website? email@example.com