Market Overview

Jim Cramer Gives His Opinion On Chicago Bridge & Iron, Newmont Mining And Coca-Cola


CNBC Mad Money's Jim Cramer said on the show that Chicago Bridge & Iron Company N.V. (NYSE: CBI) has a lot of infrastructure that is involved with power generation and oil and gas. Because of the links to oil and gas, Cramer doesn't care for this stock.

Cramer wouldn't buy Newmont Mining Corp (NYSE: NEM), but in the gold mining space he would rather buy Randgold Resources Ltd. (ADR) (NASDAQ: GOLD). He would also consider SPDR Gold Trust (ETF) (NYSE: GLD).

The Coca-Cola Co (NYSE: KO) has 3.5 percent yield and that is not enough for Cramer to buy it. He added that the stock doesn't look expensive historically and it would be a good buy if it drops to the levels where it yields 4 percent.

Posted-In: CNBC Mad Money Jim CramerMedia


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