Mad Money Lightning Round: Cramer Advises Investors To Buy Peabody Energy (COP, ARG, MOS, POT, DTG, MLNX, RVBD, ONNN, DE, BTU)

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that ConocoPhillips COP reported a “nasty quarter. It almost yields 4%. At 4% you can start buying." Cramer likes Airgas ARG and its CEO, Peter McClausland. He added, “I think that stock won't go much lower." He advises investors not to buy Mosaic MOS. He said, “I recommend Potash POT and I'm not backing away. That's the better play." For Dollar Thrifty Automotive DTG, he said, "Cha-ching, cha-ching. Let's keep that one on the sidelines and wait for lower prices." Jim said that Mellanox Technologies MLNX is a “good company, but it has run too much and hasn't corrected. Let's take some off the table until it comes in." For Riverbed Technologies RVBD, he said, "Here's the problem. It's an expensive stock. It's got a high multiple. There's no reason to take action here, I'd wait for a pullback." Cramer said that ON Semiconductor ONNN reported a “terrific quarter. Let's take a little off the table. I think you can get some better prices." For Deere & Company DE, Jim said, "I would trim a little before they report, then be prepared to buy some back after they report." Cramer is a “buyer of Peabody Energy BTU.” He added, “I think they're inexpensive and I want to buy it and maybe buy a little more if oil comes down to $90." Read more on Jim's Views On Benzinga
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!