Mad Money Lightning Round: Buy Into Pullback In SPDR Gold Shares (LMT, MIPS, WFC, JPM, BAC, GLD)

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Lockheed Martin LMT is a “great company, but it's in an industry that in Washington's crosshairs. I can't recommend it, even though it pays a nice yield." For MIPS Technologies MIPS, he said, "I think you pull the trigger. It's an Internet tsunami name. We can't get enough of those." Cramer said that Wells Fargo WFC has more upside than JPMorgan Chase JPM. He added that WFC is the “best of the bank stocks, then JP Morgan, then Bank of America BAC." For SPDR Gold Shares GLD, he mentioned, "I think of gold as a currency. Use this weakness to build up 10% to 20% of your net worth in gold. Buy it on the way down." Read more on Jim's Views On Benzinga
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