“Mad Money Lightening Round:” Jim Says AMT Set To Surge

In his “Mad Money Lightening Round” on Tuesday, Jim Cramer said that American Tower AMT stock has been stuck at $45 for a long time and is ready to shoot off. “I think this one is a house of pleasure and I say...pull the trigger." Jim advised traders to sell American Capital Agency AGNC and added, "I think that dividend is a red flag and I don't want to touch it.” Cramer said that everyone loves CEO of Nucor NUE, Dan Di Micco. “…but he is more downbeat than his company is... Nucor is a buy... I see steel coming back...I think it is very cheap with a nice yield," he added. On Whirlpool WHR, Jim mentioned, "Everyone is very negative about housing...they should be thinking about Brazil...it has a thriving business in Brazil. I think you are fine with Whirlpool." Jim does not consider Ebix EBIX as a very good stock. “I don't think it does anything really special...I think there are better stocks out there...I would buy Salesforce.com," he mentioned. According to Jim, Exelon EXC has been hammered. He considers this sell-off as an excellent opportunity to invest in the stock. “…it is one of my absolute favorites," he added. To see more trading ideas, click here.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CNBCLong IdeasNewsJim CramerShort IdeasMarketsMoversMediaTrading IdeasApplication SoftwareCNBCConsumer DiscretionaryFinancialsHousehold AppliancesInformation TechnologyJim CramerMad Money Lightening RoundMaterialsMortgage REIT'sSteelTelecommunication ServicesUtilitiesWireless Telecommunication Services
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!