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Bank of America [BAC
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]: If you like BAC, Cramer said, then buy some Wells Fargo [WFC
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]. That’s his play on housing’s bottom, which he thinks will happen by the end of June.
Clean Energy Fuels [CLNE
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]: The natural-gas-as-alternative-autos-fuel play “fizzled,” Cramer said, and with it went CLNE. So he can’t get behind this stock right now.
Best Buy [BBY
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]: Cramer’s not bullish on retail right now, but he’s a fan of Best Buy.
Royal Bank of Canada [RY
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]: Investors who already own RY can hold their shares, Cramer said, but otherwise this stock is a don’t buy. While he said RY’s balance sheet was “decent,” there are very few banks he’s willing to recommend right now.
Google [GOOG
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]: Cramer thinks Google’s having a good quarter, but he doesn’t think advertising, Google’s main moneymaker, will have a good year. So he’s lukewarm about the stock. Cramer would rather see investors in Hewlett-Packard [HPQ
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].
Ultra Petroleum [UPL
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]: “Natural gas is done going down,” Cramer said, so he’s bullish on UPL.
Goldman Sachs [GS
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]: Cramer thinks Goldman has a great balance sheet, and the stock is cheap. He’s a “huge believer” in GS, he said.
Itron [ITRI
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]: The stock’s down since Cramer recommended Itron, but he’s sticking with his call. He recommended buying more.
Cabela’s [CAB
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]: “That is a walking heart attack,” Cramer said. This stock’s a sell. Dick’s Sporting Goods [DKS
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] is a better buy.
Jim's charitable trust owns Goldman Sachs and Wells Fargo.
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