Lightning Round OT: EMC, Black & Decker and More

Mercado Libre : “A Latin American play that’s getting a very bad rap.” Cramer’s sticking with it, though. He said it’s a buy under $53.

EMC: “I think EMC is incredibly undervalued.” But that value won’t be unlocked until the company spins off VMware. In the meantime, the stock should trend between $15 and $20, and since EMC is in the middle of that range now, Cramer recommended a quick trade on that.

Black & Decker : “There really isn’t a lot going right at Black & Decker right now.” But Cramer’s thinking longer term. “I think things are going to be better this time next year,” so he said to buy BDK now.

Jim's charitable trust owns Black & Decker.

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