He said he thought the company would get the approval for a license to build a casino in Philadelphia. Cramer said people could hold the stock as an investment, but said he doesn't believe it will move until summer.
When a mailer inquired about Gap (GPS Quote), Cramer said he doesn't want to make a bet on it, but at the same time he doesn't want to bet against it. The stock has no leveraged buyout coming, he said.Lightning Round
Cramer was bullish on Foster Wheeler (FWLT Quote), KBR (KBR Quote), Conceptus (CPTS Quote), Cisco (CSCO Quote), J.C. Penney (JCP Quote), Devon Energy (DVN Quote), Best Buy (BBY Quote) and Quest Diagnostics (DGX Quote). Cramer was bearish on O2Micro International (OIIM Quote), SanDisk (SNDK Quote), Family Dollar (FDO Quote), Wal-Mart (WMT Quote), Dollar General(DG Quote), UAL (UAUA Quote), CPFL Energia (CPL Quote), Brightpoint (CELL Quote), Arena Resources (ARD Quote), Motorola (MOT Quote), Nokia (NOK Quote), Bio-Reference Laboratories (BRLI Quote) and Circuit City (CC Quote). For more of Cramer's insights during the most recent Lightning Round, click here. Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
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