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Lightning Round: RIMM, Delta, SPX and More

iRobot : Don’t buy, cramer said. “Not a lot of momentum there.”

Research In Motion : At such a low price-to-earnings multiple – 14 – RIMM is just too cheap, Cramer said. He’s bullish.

Breitburn Energy Partners : Cramer’s not sure the dividend this company offers is safe, so he won’t recommend BBEP.

SPX : As the U.S. moves closer to recession, Cramer might suggest buying SPX, but for now this stock’s a hold.

Delta Air Lines : Cramer thinks DAL is worth a short-term trade on the Northwest merger. But the window closes by early next week.

Corning : Corning is too low to sell right now, Cramer said, but he wouldn’t recommend buying more on fears this quarter could disappoint.

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  • Jim Cramer

    Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

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