It's Time for the Lightning Round!
Boston Scientific : “This is not my favorite company in the group. Even at $13 I’m going to reiterate that I cannot get behind the medical equipment company Boston Scientific. Not here, no now.”
Spartan Motors : Sell, sell, sell! If investors want a defense contractor, Cramer recommends Lockheed Martin , Northrop Grumman, General Dynamics, Raytheon, Alliant Tech.
Frontline : Cramer wasn’t a fan of tanker stocks, but he has changed his mind. “Frontline is a buy.”
UnitedHealth : “This is precisely the kind of stock that does well on a slowdown…I want to buy the stock.”
Norfolk Southern : NSC is a broken stock, not a broken company. Cramer is still bullish on Norfolk Southern.
Jones Soda : “I cannot pull the trigger and get involved in it. Not after that quarter. Jones is in the penalty box.”
Limited Brands : Cramer thinks the stock is cheap, but he can’t think of a reason to get in it. Don’t buy.
Trinity Industries : “When this mortgage mess clears up, I think Trinity comes back. I think that’s the kind of stock you buy.”
St. Joe : “I cannot be in this stock. It’s just not the place to be.”
SuperGen : Cramer would rather speculate with Nastech than SUPG.
American Standard : Cramer recommended the stock but it has since gone down. But he’s sticking by it.
LKQ : Cramer said what is hurting the automotive sector right now is investors’ fears about the end market. But he still likes LKQ.
Coeur D Alene : Cramer would rather see investors in Yamana Gold .
Jim’s charitable trust owns UnitedHealth.
Questions for Cramer?
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