Lightning Round: Loews, Palm, Travelers and More
Loews : Loews is a buy, Cramer said.
Sprint Nextel : Sprint works as a speculation play only, Cramer said. But he does like Verizon Communications and AT&T as longer-term investments.
Palm : Cramer admitted he’s been wrong about Palm before, so he took a pass on this stock.
Wisconsin Energy : Go with Dominion Resources or Con Ed for their dividends instead.
Hologic : Cramer won’t recommend HOLX right now. He needs to see better company performance before he’ll endorse the stock.
Principal Financial Group : Travelers is a better pick, Cramer said.
Nokia : Cramer likes Qualcomm more than Nokia.
Cramer's charitable trust owns Qualcomm.