Lightning Round: Capstead Mortgage, Vale, Citigroup and More
Vale : Cramer is bullish on Vale. He called it “the most undervalued mineral play in the world.”
Citigroup : Citi is a “must buy,” Cramer said. He thinks the stock could reach $4.50 from its Monday close of $4.15.
Hess : Buy Hess. “This one has more catalysts than any other oil company around,” Cramer said. “I think it could be worth $100.” HES closed Monday at $70.12.
Capstead Mortgage :Annaly Capital is the buy in this space, Cramer said. Steer clear of CMO.
When this story published, Cramer’s charitable trust owned Hess and Vale.
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