Lightning Round: Starbucks, Nucor, AIG and More
Starbucks : Cramer is still bullish on Starbucks and its turnaround. He also reiterated his buy call on McDonald’s as well.
Under Armour : Cramer said he sees no momentum in UA right now. He recommended Nike instead, or even Lululemon Athletica as a speculative play.
Allstate : Go with Travelers instead, Cramer said.
IMAX : Sell IMAX, Cramer said. He thinks the stock has already made its move.
Cedar Fair : Cramer said he’s been wrong about FUN in the past, so the best call he can make right now is “don’t buy.”
Huntington Bancshares : Cramer likes HBAN as a great speculative play on the banks. He also endorsed FirstMerit as a more conservative investment in the sector.
Nucor : Cramer said that Nucor is a buy under $40.
American International Group : Stay away from AIG, Cramer said.
CVS Caremark : Cramer said CVS is a well-run company, and he recommended it for being the “dominant drug-store chain in America.” But when it comes to pharmacy-benefits management, likes Express Scripts and MedcoHealth Solutions more.
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