Lightning Round: Rubbermaid, Blackstone, Vale and More

Marvel Entertainment : This company has seen its best days, as far as Cramer is concerned. He would rather own Mattel at $20.

AT&T : Buy it at $35, Cramer said. That’s where it tends to bottom and where the best yield is.

America Movil : A good stock but Cramer urged cautious because Latin American markets are so uneasy right now. He would scale into AMX. Do not buy all at once.

Alliance Data : “No thanks.”

Rite Aid : It is in the penalty box until it shows Cramer two good quarters.

Vishay : Component stocks like this one are not where Cramer wants to be.

Newell Rubbermaid : Cramer said he’s disappointed in the management after it squandered some great opportunities. Don’t buy.

Blackstone : “Itt shouldn’t have come public as far as I’m concerned,” exclaimed Cramer. It is too hard to know what BX owns – and that’s not what you want right now.

Freeport-McMoRan : Like AMX, Cramer would buy FCX in slow increments due to its extreme volatility.

National City : Don’t buy the stock. Cramer doesn’t think it will stay independent. If it does get bought, he expects it to be a “takeunder” situation similar to JP Morgan’s bid for Bear Stearns .

Millennium Pharmaceuticals : Nah. Cramer prefers Genentech .

Cummins : Cramer took the gain on this and is now back to recommending Caterpillar below $70.

Vale : Wait for this to go lower before buying more. In this environment, it’s best to use big dips to buy and big rips to take profits, Cramer said.

Questions for Cramer?

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