Along with Allegheny Tech, Cramer said he believes that Nvidia, which is up 94% over the last year, is a buy. The company, which makes graphic processors for video-game consoles, has a trend relating to better video-game graphics that is "worth playing," he said.
OfficeMax is also a stock worth considering, Cramer said. Although it "suffers" because of Staples (SPLS Quote), OfficeMax is worth buying as a momentum trade. On the other hand, Cramer said doesn't believe that Big Lots is as good a stock to get into as he is a little concerned about the low-end retailers. He said he'd rather see people in OfficeMax. Also, even though Nucor is up 80% over the year, Cramer said he believes that Allegheny Tech is the better stock to own in this sector. He advised people to put half their positions in Allegheny Tech, Nvidia and OfficeMax, and then wait for Friday's job numbers to come out. If the numbers are down, he told his viewers to buy the second half of their position at a cheaper price and hold the stocks until at least the end of the month.About North Face
While talking about a recent Morgan Stanley research report which discussed a possible bubble in apparel stocks, Cramer welcomed VF Corp's (VFC Quote) Chairman and CEO Mackey McDonald to the show and asked him to comment on the report.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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