Jim Recommends TLAB, ADCT, CDNS, CRM, RSG, WM, DE, JBL, FLEX
In his "Mad Money Lightning Round," Jim Cramer recommended that traders continue to buy Tellabs (NASDAQ: TLAB). He said that the rally in TLAB, ADC Telecommunications (NASDAQ: ADCT) and Cadence Systems (NASDAQ: CDNS) is not yet over. All of these stocks are going to move higher.
According to Jim, Chicago Bridge & Iron (NYSE: CBI) has been falling. He mentioned that he owned Fluor (NYSE: FLR) and Jacobs Engineering (NYSE: JEC) and liked them better.
When asked about Compuware (NASDAQ: CPWR), Cramer said that he liked other software companies better and recommended Salesforce.com (NYSE: CRM), since its share price had declined.
Jim said that Monsanto (NYSE: MON) was in a bearish phase, while advising traders to hold on to the stock while it is going lower.
Cramer preferred Salesforce.com (NYSE: CRM) better than Ebix (NASDAQ: EBIX) and asks traders to stick to CRM.
Jim believes that Republic Services (NYSE: RSG) is a good business. He said he also prefers Waste Management (NYSE: WM) from this segment.
Cramer was enthusiastic about Flextronics (NASDAQ: FLEX) and also expressed his liking for Jabil Circuit (NYSE: JBL) from the same segment.
Jim said that he preferred Deere & Co (NYSE: DE) over Potash (NYSE: POT).
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