Lightning Round: Cramer Prefers Ford, Says CCE, APKT Completely Played Out (CCE, APKT, INSU, F, TM, NBG, CSCO, KMP)
In his “Lightning Round,” Jim Cramer said that Coca-Cola Enterprises (NYSE: CCE) and ACME Packet (NASDAQ: APKT) are completely played out and it is time traders search for the next big thing. While CCE’s shares fell 0.20% to $25.55, APKT jumped 3.17% in after hours trading.
Cramer finds Insituform Technology (NASDAQ: INSU) as an impressive infrastructure play. He prefers Ford Motor Company (NYSE: F) to Toyota Motors (NYSE: TM). INSU gained 3.26% on Monday. Meanwhile, F jumped 5.71% and TM fell 1.59% in yesterday’s trading.
According to Jim, although Cisco Systems’ (NASDAQ: CSCO) stock is not moving at the moment, it has more earning power than any of the other technology stocks. CSCO moved up 1.11% yesterday.
Jim considers National Bank of Greece (NYSE: NBG) too dicey to invest in. NBG’s shares added 2.33% in yesterday’s trading.
Although Cramer likes Kinder Morgan Energy (NYSE: KMP), he thinks investors should wait till the stock comes down slightly. KMP fell 0.30% in after hours trading.
To read more on Jim’s Lightening Round, click here.
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