Lightning Round: Comcast, Genentech, ING and More
ING Groep : Cramer doesn't trust ING's 26% dividend yield, and he's worried that Europe might nationalize its banks. So stay away with this stock for now.
Comcast : Don't buy, Cramer said. Premium cable services during a recession just don't make sense to Wall Street.
DryShips : Cramer won't recommend the shippers right now.
Genentech : Don't buy, Cramer said. The Roche takeover trade has passed.
Applied Materials : Use the bump in share price caused by Texas Instruments' good quarter as a chance to take profits in AMAT, Cramer said. The same goes for Lam Research and KLA-Tencor.
AXA : Cramer doesn't trust AXA's dividend. As much as he likes the company, he thinks the yield is too high. "I am wary of it," he said.
Force Protection : Don't buy, Cramer said. He can't find a reason to own FRPT, other than it's low share price.