Mad Money Lightning Round OT: Cramer Is A Seller Of SBIB (WIN, SBIB, M)

Jim Cramer said on CNBC's Mad Money Lightning Round OT that a lot of investors believe that high yielding stocks should be sold, because the interest rates have moved higher. He thinks that Windstream Corporation WIN is fine. He added that it could trade lower, but he likes its yield and he believes that this stock is good. Windstream Corporation (WIN) fell 1.31% today, and closed at $12.80. Cramer advised his viewer to ring the register in Sterling Bancshares, Inc. SBIB on Thursday. Sterling Bancshares, Inc. (SBIB) fell 1.23% today, and closed at $8.82. Everybody is saying that the retail sector is over, said Cramer, and added that when investors start to talk this way, he starts to get interested. Macy's, Inc. M is a buy around $21-$22, said Cramer. He explained that he is recognizing some trouble ahead, because gasoline could go to $4, and also because of high cotton prices. Macy's, Inc. (M) fell 2.05% today, and closed at $22.92.
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Posted In: CNBCLong IdeasJim CramerShort IdeasMediaTrading IdeasConsumer DiscretionaryDepartment StoresFinancialsIntegrated Telecommunication ServicesMad Money Lightning Round OTRegional BanksTelecommunication Services
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