Lightning Round: RIMM, Delta, SPX and More

iRobot : Don’t buy, cramer said. “Not a lot of momentum there.”

Research In Motion : At such a low price-to-earnings multiple – 14 – RIMM is just too cheap, Cramer said. He’s bullish.

Breitburn Energy Partners : Cramer’s not sure the dividend this company offers is safe, so he won’t recommend BBEP.

SPX : As the U.S. moves closer to recession, Cramer might suggest buying SPX, but for now this stock’s a hold.

Delta Air Lines : Cramer thinks DAL is worth a short-term trade on the Northwest merger. But the window closes by early next week.

Corning : Corning is too low to sell right now, Cramer said, but he wouldn’t recommend buying more on fears this quarter could disappoint.

Questions for Cramer?

Questions, comments, suggestions for the Mad Money website?