Lightning Round: Alcoa, Palm, Johnson Controls and More
Palm : Palm is a “long-term winner” in the mobile-Internet growth trend, Cramer said. He endorsed PALM as a speculative buy.
American Axle : Cramer would rather see investors in Johnson Controls .
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Skyworks Solutions : Cramer is bullish on SWKS, but the stock has been lagging recently. He urged viewers to wait until the company reports earnings before buying.
Allete :Kinder Morgan Energy Partners is a better pick, Cramer said.
Alcoa : Buy AA, Cramer said. He thinks this stock go reach “the high teens.”
Medifast : Cramer likes MED as a play on President Obama’s intended health-care reforms. But he recommended waiting for a pullback before buying.
Cramer's charitable trust owns Johnson Controls.
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