Lightning Round: Airgas, Corning, Tellabs and More
Airgas : Airgas at $62 is a buy, Cramer said. He thinks it will get to $80 a share.
Corning : After what Cramer thought was a great quarterly report, GLW is a buy, he said. But investors may want to wait for the stock to pull back to $20. He expects some profit-taking after this run.
NIC : Take profits in EGOV, Cramer said. The company does business with state and local governments, and he doesn’t think investors want to be in that industry right now.
Tellabs : Cramer said TLAB delivered “the worst quarter that’s been reported so far in 2011.” So investors should stay away from this stock.
Magnum Hunter Resources : MHR may works as a speculative buy, but Cramer said he’s much more excited about stocks like ConocoPhillips .
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