Mad Money Lightning Round: Cramer Likes Verizon

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Verizon VZ “should be a core position in your portfolio. They have growth and yield." Cramer advises investors to sell Youku.com YOKU. He added, “This decline is not a buying opportunity. Baidu.com BIDU is the only Chinese stock I'll recommend." For United States Steel X, Jim said, "Hard for me. I don't like the steel companies. Construction is bearish and we're not seeing a commercial construction boom." He said that Hess Corporation HES is “one of my favorite oils, even though it's been extremely disappointing. I'm not backing away." For Renren RENN, he said, "When it comes to China. I have no faith in the numbers. Sell, sell, sell." Cramer said that Quicksilver Resources KWK is “really going to benefit from new technology. I want you to be in it." Read more on Jim's Views On Benzinga