Mad Money Lightning Round OT: Cramer Shares His Opinion On WMB, KMP, CHK, UXG, GLD, AES, PGN

On CNBC's Mad Money Lightning Round OT, Jim Cramer said that he is not a buyer of Williams Companies, Inc. WMB. He explained that Williams Companies (WMB) is a producer and distributor, and if you want a producer you should buy Kinder Morgan Energy Partners LP KMP. If you want distributor you should take a look at Chesapeake Energy Corporation CHK. Cramer believes that you should sell U.S. Gold Corporation UXG. This mining stock had a nice surge, but now it is time to sell, thinks Cramer. This is not a time to buy gold, added Cramer. You should wait a couple of weeks before you get back into gold. Everybody should own a position in gold and SPDR Gold Trust (ETF) GLD is Cramer's favorite pick. Cramer does not like The AES Corporation AES, because he prefers utility names with a nice dividend yield. He believes that Progress Energy, Inc. PGN is a much better pick. The AES Corporation (AES) fell 3.51% today.