Mad Money Lightning Round OT: Cramer Likes CBL (CBL, MBLX, CLP, EPD, NRGY, KMP)

Jim Cramer said on CNBC's Mad Money Lightning Round OT that he is a buyer of CBL & Associates Properties, Inc. CBL because it has a higher dividend yield than its peers. CBL & Associates Properties, Inc. (CBL) gained 1.92% on Wednesday, and closed at $17.50. Cramer is bearish on Metabolix, Inc. MBLX. He said that there are so many high quality stocks with great sales and earnings that are trading on the discount. Metabolix, Inc. (MBLX) has no sales, and no earnings, concluded Cramer. Metabolix, Inc. (MBLX) jumped 1.09% today. Colonial Properties Trust CLP is a great company, but it offers a dividend yield of 3.5%, said Cramer. He thinks that Enterprise Products Partners L.P. EPD, Inergy, L.P. NRGY and Kinder Morgan Energy Partners LP KMP are better plays. These companies have a higher dividend yield. Cramer added that Colonial Properties (CLP) had a great run, but he expects a pull back.