Lightning Round: IBM, Nucor, Con Ed and More
IBM : Cramer’s bullish on IBM.
Nucor : Cramer recommend that investors buy NUE once it drops back down to $28-$29.
CSX : Cramer thinks CSX could still go lower, so he can’t get behind this stock.
PPL Corp : Cramer said he likes PPL, but Exelon and Con Ed even more.
Fluor : Don’t buy, Cramer said. Despite Flour’s good quarter, infrastructure stocks just haven’t been performing well.
Foster Wheeler : Foster Wheeler has let Cramer down, he said. The stock’s too low for his charitable trust to sell its holdings, but he wouldn’t recommend investors buy it.
Cramer's charitable trust owns Foster Wheeler.