Mad Money Lightning Round: Cramer Advises Investors To Buy Kinder Morgan Energy Partners

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Lithia Motors Inc LAD is “way too speculative for you. I'd go with Carmax KMX or with AutoNation AN." For Kinder Morgan Energy Partners KMP, Jim said, "People didn't like the secondary. I say that's nonsense, I say buy, buy, buy." Cramer advises investors to sell Valero Energy VLO. He added, “We don't want to own any refiners right now." For Alcoa AA, he said, "I'm a believer. I remain a buyer. It's an awful acting stock, though." Jim said that Estee Lauder EL “fits the barbell thesis; they cater to the high end. I'd be a buyer." For Micron Technology MU, Jim said, "That trade is over and we're not looking back. Sell, sell, sell." Cramer likes Cheesecake Factory CAKE. He added, “I'd be a buyer with raw costs coming down." For Johnson Controls JCI, Jim said, "I think if there wasn't an auto bear market I'd be a buyer. I think it's stalled here." He believes that HCA Holdings HCA has “got a lot of growth. I'm a buyer." Read more on Jim's Views On Benzinga
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CNBCJim CramerPre-Market OutlookMarketsMediaTrading IdeasAluminumAuto Parts & EquipmentAutomotive RetailConsumer DiscretionaryConsumer StaplesEnergyInformation TechnologyJim Cramermad money Lightning RoundMaterialsOil & Gas Refining & MarketingOil & Gas Storage & TransportationPersonal ProductsRestaurantsSemiconductors
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!