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Lightning Round: Las Vegas Sands, Jabil Circuit, Bank of America and More
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Las Vegas Sands [LVS
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]: Cramer is bullish on LVS for its Asian exposure, but he still likes Wynn Resorts [WYNN
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] more.
Hudson City Bancorp [HCBK
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]: “I think you buy Hudson City aggressively,” Cramer said. People may be worried about falling property values in New Jersey, one of HCBK’s markets, but he thinks the bank is conservative enough of a lender to withstand the trend.
Western Digital [WDC
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]: Stay away from WDC, Cramer said.
Jabil Circuit [JBL
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]: The stock may look cheap, and Cramer thinks it should be higher, but the market seems to disagree with him.
Veeco Instruments [VECO
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]: “You are in a world of hurt with this Veeco,” Cramer said. “I’m not touching it.”
Bank of America [BAC
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]: “This may be the cheapest stock in the market,” Cramer said. He thinks BAC is a buy.
When this story published, Cramer’s charitable trust owned Bank of America.
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