Hormel Foods Corp.: “I like Hormel. One of the few food stocks with great growth.”
Vale: “Look, it’s $13. You can wait until it comes back up, but it really is pure commodity and I’m not going to recommend it because my charitable trust lost too much money in the stock. Bad feelings.”
Howard Hughes: “That stock, I feel, I’m not crazy about. Why? Because Bill Ackman is a big shareholder [and] once told me it’s going to go to the moon and he’s been a seller, so that makes me feel like don’t buy, don’t buy, don’t buy.”
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Source: Investment Cnbc
Cramer's lightning round: Hormel's one of the few food stocks I like