Jim Cramer Likes PepsiCo, Says Buy Costco for the Long Term
TheStreet's Jim Cramer says he doesn't think PepsiCo (PEP) - Get Report will disappoint on earnings, but if it does, investors should buy it. Cramer made the comment while answering questions from viewers on the floor of the New York Stock Exchange on Friday. A viewer wanted to know about Lumber Liquidators (LL) - Get Report and Cramer said he prefers a name like Home Depot (HD) - Get Report . Cramer also likes Costco (COST) - Get Report for the long term, especially after the company's dividend increase. In the energy and utility space, Cramer said he prefers First Solar (FSLR) - Get Report to Solar City (SCTY) , and said AEP (AEP) - Get Report is the best run utility out there. Cramer said investors should buy Expedia (EXPE) - Get Report at current levels, and that its recent acquisition of Home Away will play out well. Cramer is portfolio manager of the Action Alerts PLUS charitable trust. He also commented on Cummins Engine (CMI) - Get Report , Silicon Graphics (SGI) ,Under Armour (UA) - Get Report and banking stocks. Send your questions to Cramer on his Facebook page, or on Twitter, using hashtag CramerQ.
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.
