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Lightning Round: AT&T, Boeing, PPG Industries and More
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AT&T [T
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]: Both AT&T and Verizon [VZ
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] 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 [BA
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]: 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 [PPG
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]: Cramer is bullish on PPG.
Foundation Coal [FCL
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]: Go with Peabody Energy [BTU
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] instead, Cramer said. His second favorite is Arch Coal [ACI
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]. But both of these stocks are better than Foundation.
Old National Bancorp [ONB
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]: “It’s a really, really good bank,” Cramer said of ONB. He thinks this cheap stock is a buy.
Walter Energy [WLT
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]: Walter Energy at this level, about $37, is a buy, Cramer said.
W.R. Grace & Co. [GRA
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]: 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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