RealMoney Radio: Super Schlumberger
"I support your ownership of it," he said to the caller.
Responding to his next caller, Cramer said he would ring the register on Yankee Candle (YCC) right here.
The company has put itself up for sale which caused the stock to jump, but if it gets no buyers, there is a chance that it will go down, he said.Cramer told the caller to take Yankee Candle off the table and congratulate himself for the profit he's made. He told another caller he would not sell H&E Equipment Services (HEES) because once the Fed cuts interest rates, the stock is going to go higher. Plus, the company has good fundamentals and the stock is "way too low" to be sold here, he said. When a listener inquired about Bank of America (BAC), Cramer said it's a "terrific" stock and advised the caller to stick with it. The problem with Bristol-Myers (BMY) is the generic competition it has facing its drug Plavix, Cramer told another caller. Although the company's estimates are too high, the upside is that it can be taken over, he said. However, "it's never a good idea to speculate on takeovers where the fundamentals are declining," which is the case with Bristol-Myers, Cramer said. To see the most recent edition of The RealMoney Radio Recap in its entirety, please click here. This recap is published every day around 3 p.m. ET.
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