Mad Money Lightning Round OT: Cramer Is Bearish On JKS (AZC, FCX, JKS, SD)

On CNBC's Mad Money Lightning Round OT, Jim Cramer said that Augusta Resource Corp. (USA) AZC is a very speculative stock. He doesn't want to buy this stock, and he advised the viewers who want to get a long exposure to copper to buy Freeport-McMoRan Copper & Gold Inc. FCX, but he added that he is still waiting for a bottom in this name. Augusta Resource Corp. (USA) (AZC) dropped 1.16% today, and Freeport-McMoRan Copper & Gold Inc. (FCX) dropped 1.98%. JinkoSolar Holding Co., Ltd. JKS should be sold, thinks Cramer. JinkoSolar Holding Co., Ltd. (JKS) fell 1.30%, and closed at $24.27. Cramer thinks that SandRidge Energy Inc. SD is a good company, but it is in oil business and he believes that oil is going to drop to $85 to $90. Cramer added that you should buy SD only if you can take the pain. SandRidge Energy Inc. (SD) fell 3.64%, and closed at $10.07 on Monday.
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Posted In: Long IdeasJim CramerShort IdeasMediaTrading IdeasDiversified Metals & MiningEnergyMad Money Lightning Round OTMaterialsOil & Gas Exploration & Production
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