Lightning Round: Wal-Mart, Nucor, Activision and More
Wal-Mart : Take some profits on WMT, Cramer said. He likes the stock long term, but the focus on Wall Street is shifting from so-called safety name like Wal-Mart to those that go higher with this turning economy.
Dendreon : Cramer thinks DNDN is up because of a short squeeze. He recommended taking profits.
Jacobs Engineering : Stay away from JEC for now, Cramer said.
Nucor : “I am worried about the steels,” Cramer said. He wouldn’t endorse NUE.
Activision Blizzard : Sell ATVI.
Canadian Natural Resources : Cramer said he doesn’t like CNQ. ConocoPhillips and BP are better picks.
Cramer’s charitable trust owns BP, ConocoPhillips and Wal-Mart.
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