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Jim Cramer's Action Alerts PLUS

Time to broom Fluor from the portfolio. I bought this during a period when I believed that we would be building more power plants. We aren't.
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Dear Action Alerts PLUS Subscriber, Time to broom Fluor (FLR) from the portfolio. I bought this during a period when I believed that we would be building more power plants. We aren't. In fact, we are scaling back plant-building all over the country and that means Fluor will continue to miss its quarters. I have been waiting for some time to dump these shares. I shared that view with you when the stock was appreciably higher. I am going to sell the last 500 shares of this stock after you read this. Four other quick notes: Nokia (NOK:NYSE ADR) was excellent, I would like to buy some, and would if I hadn't talked about it on the air. AmerisourceBergen (ABC) was super, just super. EMC (EMC) was better-than-expected but I would use any strength to scale out if I weren't frozen on that one and Halliburton (HAL) put up a valiant defense against asbestos. More on all of these this weekend. Regards, James J. Cramer DISCLOSURE: At the time of publication, Cramer was long Fluor, Nokia, AmerisourceBergen, EMC and Halliburton. These Action Alerts are intended to provide opinions about and analysis of stocks and markets. They are not intended to provide personalized investment advice. DO NOT EMAIL CRAMER SEEKING PERSONALIZED INVESTMENT ADVICE, WHICH HE CANNOT PROVIDE. Cramer welcomes your editorial comments at jjcletters@thestreet.com. James J. Cramer is Markets Commentator for TheStreet.com and CNBC, and a director and co-founder of TheStreet.com. TheStreet.com is a publisher, and neither we nor Mr. Cramer is registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission or with any state securities regulatory authority. From time to time, Mr. Cramer may write about stocks in which he has a position. In such cases, appropriate disclosure is made. Mr. Cramer's Action Alerts represent his own opinions and should not be relied upon for purposes of transacting securities or other investments, nor should they be construed as an offer or solicitation of an offer to sell or buy any security. He cannot and does not assess, verify or guarantee the suitability or profitability of any particular investment. You bear responsibility for your own investment research and decisions and should seek the advice of a qualified securities professional before making any investment.