Hold On To Harsco - Cramer's Lightning Round (12/3/18)

by: SA Editor Mohit Manghnani

Utility stocks are too high for the short term.

Hortonworks' merger is good.

Don't buy Westrock.

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Monday, December 3.

Bullish Calls

Harsco (NYSE:HSC): It's a great American manufacturer that is up for the year. Hold on to it.

Nucor (NYSE:NUE): It's the best steel company in the world with a nice yield and huge cash flow. Hold on to it.

Exelon (NYSE:EXC): "I think that utility stocks, short term, are way too high, but I do think it's such a fine company that you have to be willing to buy more if it comes down."

Hortonworks (NASDAQ:HDP): Cramer likes the merger as it takes out a competitor. It's a buy.

Immunomedics (NASDAQ:IMMU): Diagnostic imaging is a good business and Cramer prefers Illumina (NASDAQ:ILMN) in the group.

Okta (NASDAQ:OKTA): It's a high-risk company as the stock is up 150%. Wait for the earnings and buy some before and some after the report.

National Fuel Gas (NYSE:NFG): It's a good company. "Always liked the company. Always a bridesmaid, never a bride."

Bearish Call

WestRock (NYSE:WRK): There is lot of supply in the paper industry and Cramer can't recommend a buy. It's worth holding for 4% yield.


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