On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Bank of America BAC is a “dead stock.” He added, “There is no catalyst ahead. It's not a good stock and I can't recommend it."
For Clean Energy Fuels CLNE, he said, "A chain of natural gas stations are in our future, but it needs help from the government. Until that happens, it's a 'don't-buy' from me."
Cramer likes Mercer International MERC, adding that the stock is “Very good, very steady. Someday someone is just going to go in and buy it."
For Limited Brands LTD, Jim said, "I would take out your profits and let the rest run. I think this stock sees $50 a share."
Cramer said that Duke Energy DUK is a “winner.” He added, “As long as the stock yields over 4.5 percent,” he wants to own this stock. He also likes Consolidated Edison ED and Dominion Resources D.
For Southern Copper SCCO, he said, "I'm not recommending copper until the Chinese are further along in their tightening. Copper is my one worry in the market right now."
For NovaGold Resources NG, Jim said, "All the gold companies are coming down. The stock is over done to the downside. I still believe in the story, though."
Read more on Jim's Views On Benzinga
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: CNBCJim CramerPre-Market OutlookMarketsMediaTrading IdeasApparel RetailConsumer DiscretionaryEnergyFinancialsGoldJim Cramermad money Lightning RoundMaterialsOil & Gas Refining & MarketingOther Diversified Financial ServicesPaper ProductsUtilities
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!
Already a member?Sign in