Mad Money Lightning Round: Cramer Likes Crocs, Alcoa
On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Crocs (NASDAQ: CROX) is a “great story. If it goes back down, I'm going to recommend it."
For Covidien (NYSE: COV), he said, "You hold on and buy more. That is a great company that is a buy, buy, buy."
Cramer said that Alcoa (NYSE: AA) is “back and bigger than ever. I want you to buy more. They are the real deal. The cash flow is bountiful.”
For First Niagara Financial (NASDAQ: FNFG), Jim said, "You want to hold it. It has a high yield of almost 6% but you know how I feel about banks and tech right now."
He said that Alcatel Lucent (NYSE: ALU) has been “one of the worst stocks ever. Sell, sell, sell."
For Apple (NASDAQ: AAPL), Cramer said, "I think Steve Job has built a great team. You should feel as good about his succession as you do about everything else at Apple. Jobs has been one of the greatest industrialists of our time."
Cramer said that Dolby Labs (NYSE: DLB) is “not bull market stock. You need to take the money and run."
For MedcoHealth Solutions (NYSE: MHS), he said, "The way to win is to own the acquirer. I'd buy Express Scripts (NASDAQ: ESRX)."
Cramer said that Robert Half International (NYSE: RHI) is “not the stock to own. There are less economically sensitive stocks to own."
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