Skip to main content

"I'm on the fence," said TheStreet's Jim Cramer, when asked whether now is the time to buy shares of Boeing (BA) - Get The Boeing Company Report . Cramer, the co-manager of the Action Alerts PLUS portfolio, was answering viewers' questions from the floor of the New York Stock Exchange Thursday. 

Analysts at Deutsche Bank put out a research note that said Boeing is generally a buy when it cuts jobs. But on the other hand, the company is having issues with its 787 model, Cramer said. 

Investors looking for aerospace exposure should instead consider buying Honeywell (HON) - Get Honeywell International Inc. Report , Alcoa (AA) - Get Alcoa Corporation Report , United Technologies (UTX) - Get n.a. Report or Action Alerts PLUS faveGeneral Electric (GE) - Get General Electric Company Report

Looking to make a play on the weaker U.S. dollar, one viewer asked Cramer if it's a good idea to buy Cypress Semiconductor (CY) - Get Cypress Semiconductor Corporation Report . However, Cypress doesn't have enough of a correlation to a weakening dollar, Cramer said. 

Scroll to Continue

TheStreet Recommends

Instead, investors should consider large-cap technology stocks that do have exposure, such as Apple (AAPL) - Get Apple Inc. Report , IBM (IBM) - Get International Business Machines Corporation Report , Alphabet (GOOGL) - Get Alphabet Inc. Report or Facebook (FB) - Get Meta Platforms Inc. Report

Finally, Cramer took a closer look at Lululemon Athletica (LULU) - Get lululemon athletica inc. Report . "The quarter really was a terrific quarter," he said of the company's most recent earnings report. 

Omnichannel was strong, and the men's lineup is performing well too. As a result, the stock is "probably not done going higher," Cramer said, adding, "I hate to chase, but it was a good quarter." 

Cramer answers viewers' social media questions on Facebookand on Twitter (TWTR) - Get Twitter Inc. Report . Send questions to him @JimCramer with the hashtag #CramerQ.

At the time of publication, Cramer's Action Alerts PLUS had a long position in AAPL, GE, GOOGL, FB and TWTR.