Lightning Round: Raytheon, Peabody Energy, Arris Group and More
Raytheon : The stock took a hit on proposed cuts to the U.S. Department of Defense's budget, Cramer said. Cut your position in half on any pop, he added.
Peabody Energy : Cramer is a believer in coal energy. He'd buy BTU right now.
Arris Group : This communications company is just too inconsistent for Cramer.
NovaGold Resources : Cramer likes this gold miner, which he said has the largest gold mine in North America.
Toreador Resources : The stock is struggling on word the French government may not let this company drill. Cramer thinks it's nonsense, though. He's a buyer.
Procter & Gamble : Cramer would pull the trigger on this stock should it fall to $60 a share.
Cisco Systems : The "Mad Money" host would rather own EMC .
Georgia Gulf : Cramer admits he missed this one. He's waiting for a pullback.
Verifone Systems : This is a good retail phone play and it likely goes higher, Cramer said.
Medtronic : Cramer thinks this stock has flat-lined, but being as medical device makers are being helped by health care reform, he thinks it may go higher.
When this story was published, Cramer's charitable trust owned NovaGold.
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