Cramer Weighs In On Nucor, Delta Air Lines And More

On CNBC's "Mad Money Lightning Round," Jim Cramer said he likes Dycom Industries, Inc. DY. He would stick with the stock.

Nucor Corporation NUE is the best house in an incredibly bad neighborhood, said Cramer. Steel is something that should be sold going into a recession, Cramer said, but added that he would not sell Nucor because it has a good dividend and is solid and well-run.

Emerson Electric Co. EMR is a great American company, said Cramer. It is going to have a not-as-great quarter as he would like because of the exposure to oil and China. He would not sell it.

Diamondback Energy Inc FANG, EOG Resources Inc EOG, Parsley Energy Inc PE, Pioneer Natural Resources PXD and Chevron Corporation CVX are well run enough to survive this nuclear war against oil and gas, said Cramer. He added that he hates these stocks.

If we get more good news on COVID-19 treatment, people are going to buy the airline stocks, said Cramer. He would wait for Delta Air Lines, Inc. DAL to trade higher on any positive news and he would sell it then because it is hard to tell how good the sector is going to be.

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