TheStreet's Jim Cramer says bank shares will move higher following a fed rate hike, Target is a name to own and wait to add shares of Boeing until they dip. The first viewer question comes from Charles on Twitter who likes Huntington Bancshares (HBAN). Charles asks Cramer, do you see banks rebounding after a Fed rate increase? ‘Yes they should because numbers have to go higher. Huntington Bancshares is a good bank. I prefer Wells Fargo (WFC) and Bank of America (BAC).’ Chris on Facebook said he’s watching Altria (MO) & Ulta Salon (ULTA) and wants to know with the rate hike and the dollar versus yuan concern will impact both companies in the immediate term? Cramer believes shares of Ulta could go up to $200 because 'it is the fastest growing retailer in the country' and he also thinks Altria is running a good business and he expects shares to move higher as well. On Twitter, Patrick asks Boeing (BA) after dividend raise and boosted buyback? Cramer said he’d like to buy Boeing on a dip because he understands there is a wide-body jet glut which is not good but the 737 is ‘selling really really well. Boeing on a dip is when you buy, don’t just come in and buy it.’ Send your questions to Jim Cramer on Facebook and on Twitter to @JimCramer, using #CramerQ.
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