Mad Money Lightning Round: Cramer Dislikes Bank of America (BAC, CLNE, MERC, LTD,... |
On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Bank of America (NYSE: BAC) is a “dead stock.” He added, “There is no catalyst ahead. It's not a good stock and I can't recommend it."
For Clean Energy Fuels (NASDAQ: CLNE), he said, "A chain of natural gas stations are in our future, but it needs help from the government. Until that happens, it's a 'don't-buy' from me."
Cramer likes Mercer International (NASDAQ: MERC), adding that the stock is “Very good, very steady. Someday someone is just going to go in and buy it."
For Limited Brands (NYSE: LTD), Jim said, "I would take out your profits and let the rest run. I think this stock sees $50 a share."
Cramer said that Duke Energy (NYSE: DUK) is a “winner.” He added, “As long as the stock yields over 4.5 percent,” he wants to own this stock. He also likes Consolidated Edison (NYSE: ED) and Dominion Resources (NYSE: D).
For Southern Copper (NYSE: SCCO), he said, "I'm not recommending copper until the Chinese are further along in their tightening. Copper is my one worry in the market right now."
For NovaGold Resources (AMEX: NG), Jim said, "All the gold companies are coming down. The stock is over done to the downside.
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