Lightning Round OT: Costco, Blackstone, Eldorado and More
Trinity :Wait for a pullback before buying TRN, Cramer said. He likes the stock but not above $12.
Patriot Coal :Arch Coal and Cliffs Natural Resourcesare better picks, Cramer said.
Thompson Creek :Cramer’s bullish on TC up to $10.
Novagold Resources :Cramer would rather see investors in Agnico-Eagle Mines and Eldorado if they want a gold stock. But he likes the SPDR Gold Shares ETF the best.
Regal Entertainment :Cramer is bullish on RGC as a play on what could be a number of coming movie blockbusters.
Ultra Petroleum :Cramer urged investors to wait for a pullback before buying UPL.
Aarons :Take profits on AAN, Cramer said. The stock has already had a good run.
Newell Rubbermaid :Take half your position off the table, Cramer said, and let the rest run. He’s not a big fan of the business model here, so investors should lock in some gains while they can.
Huntsman :HUN works as a speculative play, Cramer said.
Blackstone :Don’t buy, Cramer said. Both Blackstone and Fortress Investment Group have doubled off the bottom, so he recommended waiting for a 20% pullback before buying.
Costco :“I am concerned about Costco” after reporting a bad same-store sales number, Cramer said. Don’t buy.