Mad Money Lightning Round OT: Cramer Is a Buyer Of FRC (FRC, ANDE, CMCO)

On CNBC's Mad Money Lightning Round OT, Jim Cramer said that First Republic Bank FRC is going higher. It has a great wealth management business, and the banks are coming back into favor. He added that it is not the cheapest, but it might be the best run. Cramer really likes this stock. First Republic Bank (FRC) gained 1.23% today, and closed at $30.34.

The Andersons, Inc. ANDE is also a winner, thinks Cramer. He likes this stock, because it is engaged in the agriculture business, and we have a food shortage. Cramer believes that ANDE is a good stock, but it is a little bit speculative. The Andersons, Inc. (ANDE) gained 0.85% in the regular trading session, and it added 0.60% in the after hours.

Cramer said that it looks like Columbus McKinnon Corp. CMCO should be much higher, but before he recommends it as a buy, he wants to take a closer look at this stock. Columbus McKinnon Corp. (CMCO) fell 0.81%, and closed at $15.95.

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Posted In: CNBCLong IdeasJim CramerMediaTrading IdeasConsumer StaplesFood DistributorsIndustrial MachineryIndustrialsMad Money Lightning Round OT
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