Lightning Round: Altria, Baidu, PNC Financial and More
Rock Tenn : With the packaging business “a bit of a nightmare,” Cramer said, RKT is a “don’t buy.”
PNC Financial : Ultra-short exchange-trade funds are doing serious damage to banks, Cramer said, even solid companies like PNC, so he can’t recommend this stock right now.
AeroVironment : The money’s been made in AVAV, Cramer said, so take profits.
Baidu.Com : Baidu’s too risky for Cramer. Strict control of the Internet in China could, at any point, have a detrimental affect on the company.
Altria : Cramer’s bullish on MO and its 8% dividend. “This stock in the best-acting stock in 2009,” he said.
Public Service Enerprise : PEG is a buy, Cramer said.
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Jim's charitable trust owns Altria.