Jim Cramer Would Buy KMP, L And CVD

Kinder Morgan Energy Partner (NYSE: KMP) is one of the stocks that CNBC’s Jim Cramer recommended in the section of his show called Lightning Round OT. He thinks that this stock will be hitting or is hitting new highs and is one of the few bargains left. The stock gained 0.83% on Wednesday reaching $54.42.

Cramer also likes Loews Corporation (NYSE: L) which is, in his opinion, so well run by Tisch family. Loews (L) closed up 2.79% at $35.34, but than dropped 2.90% in after hours trading.

Covance Inc. (NYSE: CVD) is another Cramer’s pick. He sees this company as a top notch medical devices company that should be owned. Covance (CVD) went up 1.75% to $58.56 in regular trading and then reversed 1.31% in after hours.