Peabody Energy (BTU Quote) is a hold and should go up $8, Jim Cramer told a caller to his "RealMoney" radio show Wednesday.
"It got cold and oil went back up, which made coal cheap," he said. "We are looking at lowered coal prices as coal is bottoming." Peabody was recently trading at $43.35. "Nutri System (NSI Quote) is a company that is hated on Wall Street," Cramer said, responding to his next caller. As a rule, he said he typically tries to "avoid closely contested stocks." "There are people who genuinely believe Nutri System is a fraud, and then there are people who think it is worth a fortune," Cramer said. "The short-sellers are so aggressive that they're banging the stock down right now trying to cause panic." The bottom line is the stock should be up $10, but the bears are being too aggressive, and it is too complicated, so "stay away," he advised. Nutri System was recently trading at $14.22. When a caller inquired about Fisher Scientific (FSH Quote), Cramer said Thermo Electron (TMO Quote) came out with some "bullish comments" and said its merger with Fisher is going to be good for shareholders. "I would hold on to Fisher Scientific," he said. "It's a good natural merger that looks like its going to pay off." Cramer advised another caller to hold onto Constellation Energy (CEG Quote) because he believes it to be "a good steady grower" and that it can grow higher. Although Harley-Davidson (HOG Quote)is hated by hedge fund people because they believe that when things get tough, people don't have enough money to spend on motorcycles, Cramer told a caller he disagrees with this view. Harley-Davidson is something people "genuinely like," and its brand is so strong that even at its 52-week high, Cramer wants people to buy this stock. In addition, Cramer told another caller not to back away from AU Optronics (AUO Quote), as he believes it is a "good company" and "likes the stock very much." 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.- Loading Comments...
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