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Lightning Round: Saks, Alcoa, BP and More

Deckers Outdoor : DECK is a buy, Cramer said.

Saks : Saks has run up ahead of its quarter next week, so Cramer put a “don’t buy” rating on this one until we get the numbers.

International Game Technology : Sell IGT. “I do not like that stock,” Cramer said. Investors should consider Wynn , Las Vegas Sands and MGM Mirage if they want a play on Las Vegas.

BP : Don’t buy. BP is too much of a “headache,” Cramer said.

Devon Energy : Cramer is bullish on DVN.

Emulex : “I prefer EMC,” Cramer said. “I think that’s the better bet, more diversified.”

Alcoa : “Alcoa may literally be my single favorite stock at this moment,” Cramer said.

When this story published, Cramer’s charitable trust owned Alcoa and EMC.

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