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Apr.08
8:44 PM ET
Wednesday, 8 Apr 2009
Lightning Round OT: CSX, Bristol-Myers, Transocean and More

CSX [CSX  Loading...      ()   ]: CSX looks to be “in pretty good shape,” Cramer said. But while he likes the stock at $28, he wants some quality time with CEO Michael Ward before he gives CSX his full endorsement.

Transocean [RIG  Loading...      ()   ]: RIG is a buy under $60, but not before then, Cramer said. He recommended waiting until $57-$58. Schlumberger [SLB  Loading...      ()   ] under $37 would be an equal trade.

Akami Technologies [AKAM  Loading...      ()   ]: Go with Cisco Systems [CSCO  Loading...      ()   ] instead, Cramer said. CSCO at $15-$17 is better than mid-teens Akami.

Bristol-Myers Squibb [BMY  Loading...      ()   ]: “I think Bristol-Myers is a buy, buy, buy right here – absolutely.”



Cramer's charitable trust owns Cisco Systems.

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