Lightning Round: DuPont, Nokia, Transocean and More
DuPont : Cramer’s expecting more gains to come from DD, so investors should stick with it.
MEMC Electronic : Buy MEMC. “I think WFR goes higher,” Cramer said.
Nokia : Go with RF Micro instead, Cramer said. RFMD is a big supplier to Nokia, making it a play on Nokia’s success. But RFMD is not entirely dependent on NOK for its sales, so it can still make money even if Nokia isn’t doing well.
Radware : Cramer likes the stock, he said, but it’s up a few points on takeover rumors. He urged viewers to wait for RDWR to come down a bit before buying.
Omnicom Group : If you want to play advertising, go with Google instead, Cramer said. Deep-in-the-money calls are a safer way to trade GOOG.
Transocean : Trade your RIG for Weatherford International , Cramer said.
First Horizon National : Don’t buy, Cramer said. He was disappointed with the bank’s most recent quarter.
When this story published, Cramer’s charitable trust owned Weatherford International.
Call Cramer: 1-800-743-CNBC
Questions for Cramer? email@example.com
Questions, comments, suggestions for the Mad Money website? firstname.lastname@example.org