CNBC’s Mad Money Lightning Round: Cramer Likes PPL Corp |
On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Johnson Controls (NYSE: JCI) is “all good, but I sold it for my charitable trust. It's in too many businesses that are levered to autos, so I'm going to say sell, sell, sell until $33 or $34."
Cramer believes that PPL Corp (NYSE: PPL) is an “excellent buy right here. I'd buy half now and buy the other half if it comes down even more."
For Bank of America (NYSE: BAC), he said, "No chance of this one going bankrupt. The banks are still a free-fire zone though, so it's not right to get back in yet."
He believes that Vera Bradley (NASDAQ: VRA) "should be sold." He added, "You've had a nice run and I think it's time to move on."
Cramer said that Alcatel Lucent (NYSE: ALU) “had a big run but it's still a second rate player. I don't want to be in that business."
For Heckmann (NYSE: HEK), Jim said, "I like the water sector. I'm not backing away, I think it's a good buy."
Jim said that Boise (NYSE: BZ) “looks a lot like Temple-Inland (NYSE: TIN), which got a bid today. So much so that it might see a pop from this.
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