Mad Money

Lightning Round: Raytheon,, Pepsi and More

Zhongpin : Stay away from HOGS, Cramer said.

Raytheon : Without a catalyst, Cramer can’t recommend RTN. He likes Alliant Techsystems more. : Cramer is bullish on CRM, but the stock is near its 52-week high. He recommended waiting for a 5% to 10% pullback, though investors could start building their position now and buy as the price comes down.

Pepsico: Cramer prefers Pepsi to Coca-Cola . PEP is a buy, he said.

CenturyTel : “Big dividend, no growth,” Cramer said. But that’s OK if investors want only a payout. He likes Windstream in this space as well.

ArvinMeritor : Take profits on half of your ARM holdings, Cramer said, “and then you play with the house’s money.”

Cramer’s charitable trust owns Pepsico.

Call Cramer: 1-800-743-CNBC

Questions for Cramer?

Questions, comments, suggestions for the Mad Money website?