Lightning Round: Raytheon, Salesforce.com, Pepsi and More
Zhongpin : Stay away from HOGS, Cramer said.
Raytheon : Without a catalyst, Cramer can’t recommend RTN. He likes Alliant Techsystems more.
Salesforce.com : Cramer is bullish on CRM, but the stock is near its 52-week high. He recommended waiting for a 5% to 10% pullback, though investors could start building their position now and buy as the price comes down.
Pepsico: Cramer prefers Pepsi to Coca-Cola . PEP is a buy, he said.
CenturyTel : “Big dividend, no growth,” Cramer said. But that’s OK if investors want only a payout. He likes Windstream in this space as well.
ArvinMeritor : Take profits on half of your ARM holdings, Cramer said, “and then you play with the house’s money.”
Cramer’s charitable trust owns Pepsico.
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