Mad Money Lightning Round: Cramer Likes PPL Corp

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Johnson Controls JCI is “all good, but I sold it for my charitable trust. It's in too many businesses that are levered to autos, so I'm going to say sell, sell, sell until $33 or $34." Cramer believes that PPL Corp PPL is an “excellent buy right here. I'd buy half now and buy the other half if it comes down even more." For Bank of America BAC, he said, "No chance of this one going bankrupt. The banks are still a free-fire zone though, so it's not right to get back in yet." He believes that Vera Bradley VRA "should be sold." He added, "You've had a nice run and I think it's time to move on." Cramer said that Alcatel Lucent ALU “had a big run but it's still a second rate player. I don't want to be in that business." For Heckmann HEK, Jim said, "I like the water sector. I'm not backing away, I think it's a good buy." Jim said that Boise BZ “looks a lot like Temple-Inland TIN, which got a bid today. So much so that it might see a pop from this. If that happens, I'd ring the register." Read more on Jim's Views On Benzinga