Lightning Round: Monsanto, Weight Watchers, Paychex and More
Lloyds Group : Cramer won’t recommend the common stock of any banks right now, particularly those in the U.K.
Paychex : While this company depends on strong U.S. employment, something that’s weakening right now, Cramer likes PAYX for its 5% yield. He said this stock could be bought as it declines in price.
Monsanto : The Monsanto trade has passed, Cramer said. Stay away from MON.
Weight Watchers : WTW is a “good long-term story,” Cramer said, but he can’t get behind the stock right now. Weight Watchers is not a recession stock.
Assured Garanty : Cramer won’t recommend AGO.
National Grid : Cramer’s bullish on NGG and its 4.5%. Utility stocks work during a slowdown, he said.