Timken : Cramer called TKR a “great industrial company.” The stock is being pulled lower by the market, but business here is “smoking.” He recommended that investors buy Timken, though they should do it in increments given the volatility in stocks right now.
Arena Pharmaceuticals : Cramer recommended ARNA as a speculation play only, on a “key FDA hearing” in September for the company’s obesity drug.
Oshkosh : OSK has too much military exposure, Cramer said, in at a time when investors feel that President Obama will have to cut the defense budget. So he can’t recommend the stock.
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