Lightning Round: CBS, NYSE, Electronic Arts and More
Zions Bancorp. : This is one of the better regional banks, Cramer said, but he won’t recommend any of them until housing stabilizes. Don’t buy.
CME Group : Cramer likes NYSE Euronext for its more than 5% dividend yield. And if investors want to believe in the securities markets’ return, go with Schwab or TD Ameritrade instead. Don’t buy CME.
Electronic Arts : ERTS is a “tough situation,” Cramer said. Business has slowed, there haven’t been new titles to boost sales and much-needed M&A activity in the sector hasn’t taken place. So he can’t recommend this stock right now.
Barclays : This bank’s in “grave trouble,” Cramer said, and investors can’t count on Barclays’ dividend. Stay away from BCS, and the rest of the European banks for now.
Huntsman : Don’t speculate with Huntsman, Cramer said. “It’s way too risky.” PPG Industries and its 5% dividend yield is a better play.
CBS : CBS may seem cheap, but media on the whole has been a tough investment. So CBS is a don’t buy.