Lightning Round: AT&T, Boeing, PPG Industries and More

AT&T : Both AT&T and Verizon have been underperformers lately, but Cramer still likes both of them. He called AT&T a buy, adding that he thinks the company could raise its dividend.

Boeing : Despite all the delays of Boeing’s long-awaited 787 Dreamliner, Cramer thinks this stock has come down enough to consider buying. He also likes the 4% dividend yield.

PPG Industries : Cramer is bullish on PPG.

Foundation Coal : Go with Peabody Energy instead, Cramer said. His second favorite is Arch Coal . But both of these stocks are better than Foundation.

Old National Bancorp : “It’s a really, really good bank,” Cramer said of ONB. He thinks this cheap stock is a buy.

Walter Energy : Walter Energy at this level, about $37, is a buy, Cramer said.

W.R. Grace & Co. : GRA works as a speculation play, Cramer said, though he admitted he’s not sure of the company’s earnings potential.

Cramer's charitable trust owns PPG Industries.

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