Lightning Round OT: Freeport-McMoRan, EMC and More

MercadoLibre : Don’t buy until the Latin American markets settle down, Cramer said.

Freeport-McMoRan : FCX is a “terrific minerals stock,” Cramer said. He recommended buying it.

EMC : EMC at $14, has $1 of downside, Cramer said, and $3 of upside. But he still called the stock a “house of pain” for not capitalizing on its stake in VMware.

Jim's charitable trust owns EMC and Freeport-McMoRan.

Questions for Cramer?

Questions, comments, suggestions for the Mad Money website?