Lightning Round: Amazon, Mastercard, NYSE and More
Research in Motion :Google, Amazon.com , Apple and RIMM are all buys, Cramer said. But wait for the price to come down first.
Mastercard : Cramer said he’s bullish on Mastercard and Visa , but both stocks have ramped up lately. Wait for a pullback before buying.
Baldor Electric : BEZ is “way too cheap,” Cramer said, even though it’s an industrial company that tends to struggle during a recession. Baldor’s a buy.
American Superconductor : Cramer can’t behind this stock. AMSC has too much exposure to alternative energy, and oil’s too cheap for that to work right now.
NYSE Euronext : Cramer likes NYX’s 5% dividend yield, and said there’s little other reason to own the stock right now.
Fortune Brands : Cramer urged caution with Fortune Brands. He said the company could take a big hit if housing doesn’t bottom this year.
Boston Scientific : BSX is a “second-rate health care play,” Cramer said. St. Jude Medical STJ better.
Archer Daniels Midland : This is Cramer’s least favorite agriculture stock. Bunge , Mosaic , Agrium and Terra Nitrogen are superior investments right now.
Google: Cramer likes Google, but he recommended that investors wait for a pullback before buying.