Mad Money Lightning Round: Cramer Prefers Chesapeake Energy Over Petrohawk Energy, Advises Investors To Sell Dryships (CSCO, DRYS, DUK, PGN, ED, EXC, CHK, HK, DTV)

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that while earlier he was worried about Cisco Systems CSCO, now he has “been reassured that the bears are wrong and the stock is a coiled spring. Business is strong and is getting stronger." Dryships DRYS is among the stocks that aren't rallying right now. Jim advises investors to sell it. For Duke Energy DUK, Jim said, "They are spending a lot of money; I want to stay away.” Cramer added that he likes Progress Energy PGN and Consolidated Edison ED or even Exelon EXC. Cramer prefers Chesapeake Energy CHK to Petrohawk Energy HK as CHK is cheaper. Cramer said he would sell some DirecTV DTV shares. He explained, “That stock has been so blessed; I want to take some profits." Read more on Jim's Views On Benzinga