Mad Money Lightning Round: Cramer Likes Peabody Energy

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Intel INTC has “flatlined. I don't see much happening there." For Corning GLW, he said, "No, I don't like tech. I'm going to say don't buy. Maybe we'll buy after the quarter." Cramer said that Deere DE “sold off on some corn number. We have a worldwide food shortage. How do you fix that? With a lot of John Deere and a little Potash POT." For Research In Motion RIMM, Jim said, "Come on man, no, no, no, no, no, no, no. RIMM is going to be a wasting asset just like Nokia NOK." Cramer said that Bankrate RATE was an “IPO that no one liked. I reiterate my buy. It's inexpensive and it's going to prosper and go higher." For Peabody Energy BTU, he said, "Coal is in a super cycle. I'm reiterating my buy. That stock goes to $70." Read more on Jim's Views On Benzinga
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