Lightning Round: JPMorgan Chase, Home Depot, Amazon.com and More
Annaly Capital Management : Because it looks like the Federal Reserve won’t be raising interest rates any time soon, Cramer said NLY was “OK.”
JPMorgan Chase : CEO Jamie Dimon is “the best banker in America,” Cramer said. He also likes the company’s balance sheet, as well as its growth and dividend potential. He’s bullish on JPM and thinks the stock could go to $50 if Washington would ease up on the banks.
Kirkland’s : “Retail’s too hot,” Cramer said, and KIRK “has had a big run.” He’d rather see investors in Home Depot if they want a home-related store.
AeroVironment : Don’t buy AVAV, Cramer said. There’s too much competition in the predator-drone space.
Intuit : Sell INTU. “That stock’s moved up too much,” Cramer said.
Amazon.com : “I think it still goes higher,” Cramer said of AMZN.
Unisys : Don’t buy UIS, Cramer said.
Citigroup : Citi is a buy, Cramer said.
Cramer’s charitable trust owns Home Depot and JPMorgan Chase.
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