Lightning Round OT: Target, Pitney Bowes and More
Life Partners Holdings : Cramer is not a fan of the secondary market for insurance, he said. Don’t buy LPHI.
Pitney Bowes : Cramer said he’s “not happy” with the quality of PBI’s earnings, but he does think there’s enough cash flow to cover the company’s dividend. Still, he said he wanted to hear from management before telling investors to buy the stock.
Target : Cramer is bullish on Target, and retail as a whole, though he likes Costco “much more,” he said.
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