Cramer: Buy This Smartphone Stock
Web Editor, "Mad Money"
Recall or not, Cramer still likes Nestle.
“It’s not an expensive stock,” he said during Friday’s Stop Trading!.
Nestle recalled its Toll House cookie dough after the Food & Drug Administration warned of potential E. coli contamination, reports said. According to the FDA, since March 66 consumers across 28 states have gotten sick as a result of eating the raw cookie dough. So far 25 people have been hospitalized, but no one has died.
Also, Cramer endorsed Ciena as a play on mobile Internet’s mass adoption and the popularity of Apple’s iPhone, Research in Motion’s BlackBerry and Palm’s Pre.
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