Lightning Round: Netflix, UPS, Johnson & Johnson and More
Gilead Sciences : Cramer’s bullish on Gilead for its AIDS drugs, saying that he thinks AIDS will be a focus for the Obama administration. Under $50, GILD is a buy.
Skechers U.S.A. : Cramer said he’s not a fan of Skechers. He’s going to wait for Nike to report its quarter earnings and then decide whether or not NKE is a buy.
Principal Financial : Negative comments from a Goldman Sachs analyst scared Cramer and a lot of other investors out of this stock. Cramer wants a progress report from that analyst before he changes his mind about PFG. Because if the situation’s still bad, investors might want to take profits with the stock up $3 Tuesday.
Genco Shipping :Nordic American Tanker and Frontline are Cramer’s picks in this sector.
Johnson & Johnson : Cramer said JNJ is a buy under $60.
United Parcel Service : Stay away from UPS right now, Cramer said. He’s not expecting a good holiday season for this delivery company.
Netflix : As much as Cramer likes the stock, he admitted he’s been wrong about Netflix before. Do your homework on NFLX before buying.
James River Coal : Cramer would rather see investors in Peabody Energy on the idea that China’s rebounding. He also likes Bucyrus International and Joy Global .
Jim's charitable trust owns Gilead Sciences and Johnson & Johnson.
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