Cramer's 'Mad Money' Follow-Up: Altria

Jim Cramer said he liked Altria more than Philip Morris.
Publish date:

On Monday's "Mad Money" TV Show, Jim Cramer cautioned that there are not very many bank stocks that we can trust. He interviewed International Bancshares' (IBOC) - Get Report president, chairman and CEO, Dennis Nixon, who said the bank is committed to credit quality. International Bancshares accepted government TARP funds because it seemed like a "good deal" at the time, said Nixon, who indicated that the bank would rather not be associated with the program.

Cramer liked what he heard from Nixon, but he left it up to viewers whether they could trust International Bancshares or not.

On Tuesday, International Bancshares closed up 44 cents, or 6%, at $7.80.

Cramer said that people should still own gold, and he recommended

Agnico-Eagle Mines

(AEM) - Get Report


Eldorado Gold

(EGO) - Get Report


Agnico-Eagle Mines closed up 45 cents at $56.92 on Tuesday, and Eldorado was up 19 cents, or 2.2%, at $9.

In his

"Lightning Round segment

, Cramer said he was surprised that


(LULU) - Get Report

had such a good quarter but advised waiting for a pullback before buying the stock.

Lululemon was up 38 cents, or 4.6%, at $8.66 at the close on Tuesday.

He said he liked


(MO) - Get Report

more than

Philip Morris

(PM) - Get Report

right now because of the weakening dollar.

On Tuesday, Altria closed down 36 cents, or 2.2%, at $16.02 while Philip Morris was down $1.15, or 3.1%, at $35.58.

He said that no one wants to give


(KBR) - Get Report

any credit, but he'd buy it at $13.

KBR was up 13 cents, or 1$, on Tuesday to close at $13.81.

At the time of publication, Cramer was long Altria.

Jim Cramer is a director and co-founder of He contributes daily market commentary for's sites and serves as an adviser to the company's CEO. Outside contributing columnists for and, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for

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