Lightning Round: Allegheny, Cisco, Alcon and More

Cisco Systems : Cramer recommended buying Cisco on this weakness.

Dicks Sporting : When the stock drops to $21, it might be cheap enough to buy. But Cramer urged caution because the comp store sales weren’t grow and that does not bode well for the long term.

Alcon : Cramer said he thinks the play ACL has come and gone.

Allegheny Tech : “I still don’t see a bottom in that company,” Cramer said. ATI has too much exposure to the struggling airlines.

Church & Dwight : Cramer said he likes CHD but he wants to see the stock drop below $60 before you buy.

Jim’s charitable trust owns Cisco Systems.

Questions for Cramer?

Questions, comments, suggestions for the Mad Money website?