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Lightning Round: Yamana, Cree, Reynolds American and More
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Valmont Industries [VMI
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]: Cramer likes this conglomerate. “I see bright things happening” at VMI, he said.
Yamana [AUY
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]: Go with Agnico-Eagle Mines [AEM
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] or Eldorado [EGO
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] if you want a gold miner, Cramer said. Still, he’d rather see investors buy the SPDR Gold Shares GLD instead, and only as a hedge. He’s not bullish on gold right now other than as a defensive play for any portfolio.
Cree [CREE
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]: Sell Cree.
Marsh & McLennan [MMC
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]: Cramer said that Aon [AOC
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] is a “much, much better company” than MMC. Buy that stock instead.
Reynolds American [RAI
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]: Cigarettes are getting quite expensive here in the States, and for that reason Cramer won’t endorse this stock. Sell RAI.
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