Lightning Round: Northrop Grumman, Yamana Gold and More
Principal Financial Group : Cramer can’t get behind this insurance company right now. PFG will most likely have to do an equity offering to raise capital, and that means the stock goes lower.
Yamana Gold : Since we’re in a deflationary and not inflationary environment, Cramer won’t recommend AUY right now. Plus, the company missed its most recent quarter.
Manitowoc : MTW is a sell, Cramer said, even these low levels.
Northrop Grumman : As much as Cramer likes NOC, defense contractors are a sell with Obama in the White House, he said.
CME Group : This is a stock that’s vulnerable to hedge-fund selling, so stay away from CME until at least the New Year.
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