Lightning Round: Halliburton, Heinz, CSX and More
Las Vegas Sands : Take profits, Cramer said. The stock has moved since LVS’s secondary offering, and he lacks confidence in the gaming industry right now. So it’s better to bank your money while you have it.
Halliburton : Wait for a pullback before buying HAL, Cramer said. A lot of oil and gas stocks have increased in price lately, “and I don’t trust them at this level.”
DryShips : With China on the rise again, DRYS could work, Cramer said. The stock was up $2 Thursday, so wait for it to drop again before buying in.
Heinz : While Heinz has been “disappointing” lately, Cramer said, “I think it’ll come back.” HNZ can be owned.
CSX : Until Cramer knows why the stock has come down so much, he can’t recommend CSX.
Indevus Pharma : Sell, sell, sell, Cramer said. The trade off IDEV’s merger with Endo Pharma has passed, and the money has been made.
MasTec : Cramer is bullish on MTZ. This stock, he said, “is the ultimate, right now, Obama play.”