Cramer's 'Stop Trading!': Boeing's a Bargain
"This market is so changed in the last couple of weeks," said Jim Cramer on CNBC's "Stop Trading!" segment on Tuesday. "It's very bullish."
Cramer was bullish on Eli Lilly(LLY Quote), which he said is the fastest-growing and has the best pipeline of the high-yielding pharma stocks. "This is the right pharma to own in this environment," he said. "It continues to astound me that you can buy this stock this cheaply." He also liked Boeing(BA Quote), a stock he said he'd previously "disliked literally for two years." The company has cut its head count, and "orders are starting to flow in," said Cramer. "Every defense contractor has been on fire. Boeing is a gigantic defense contractor." Citigroup(C Quote) might be a "low-priced stock," Cramer said, but Boeing could be the "cheapest" stock in the Dow.- Loading Comments...
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