AT&T Is A Buy - Cramer's Lightning Round (6/6/18)

by: SA Editor Mohit Manghnani

CoreSite Realty is a better pick than Switch.

Stay away from Hertz Global.

Nucor is the best of breed in the steel group.

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Wednesday, June 6.

Bullish Calls

AT&T (NYSE:T): "I say yes. I think that what's worrying people is that maybe Makan Delrahim going to stop the deal with Time Warner. And they need that. He is the Assistant Attorney General for Antitrust so I want to hear more from him, but that's what the worry is."

Illinois Tool Works (NYSE:ITW): Both Illinois Tool Works' and 3M's (NYSE:MMM) stocks have been affected by the auto business. They believe the auto business is getting better and Cramer thinks they should stick to what they believe in.

Bearish Calls

Switch (NYSE:SWCH): CoreSite Realty (NYSE:COR) seems to be a better pick due to the yield. Switch has been tough in the last six months.

Hertz Global (NYSE:HTZ): They are getting hurt by the sharing economy and they have a bad balance sheet.

AK Steel (NYSE:AKS): No. Cramer prefers Nucor (NYSE:NUE) and his trust owns it as well.


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