Jim Cramer's Lightning Round - Dividends, Dividends, Dividends (11/19/08)

|
Includes: AKS, BP, CLR, ETP, KDN, KMP, LB, MRO, NUE, SLW, SPH, VLO
by: Miriam Metzinger

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Wednesday November 19.

Bullish Calls:

Silver Wheaton (NYSE:SLW): “That’s an interesting spec I’m not going against that…silver is so low…precious metals are coming back but not right away.”

BP (NYSE:BP), Chevron (NYSE:CVX)

Marathon Oil (NYSE:MRO): “I like MRO why because they are splitting into two companies and it’s got a dividend…”

Continental Resources (NYSE:CLR):  “Very cheap natural gas and oil play. I am only recommending oils that have dividends. I gotta go with BP or Chevron because they both have good yields.”

Valero (NYSE:VLO): “Dirt cheap that means absolutely nothing…I like MRO.”

Suburban Propane (NYSE:SPH): “I have said over and over agin that this one is good. But here goes the broken record again…Kinder Morgan is better than Suburban.”

 Kinder Morgan (NYSE:KMP), Nucor (NYSE:NUE)

 

Energy Transfer Partners (NYSE:ETP): “The stock has come down…you’ve got a definite winner, the son of Kinder Morgan. It is really really good.”

 

Bearish Calls:

 

Continental Resources (CLR):  “Very cheap natural gas and oil play. I am only recommending oils that have dividends. I gotta go with BP or Chevron because they both have good yields.”

Valero (VLO): “Dirt cheap that means absolutely nothing…I like MRO.”

Kaydon (NYSE:KDN): “It doesn’t have a good enough yield, it is not inexpensive versus its growth rate… that  is too hard for me. I don’t have a reason to pull the trigger.”

Limited (LTD): “I no longer trust retailers with big dividends because retail is so bad, if I were a retailer I’d cut the dividend. I’d say sell sell sell.”

AK Steel (NYSE:AKS): “I think AKS is not as good as Nucor.”

Seeking Alpha publishes a summary of Jim Cramer's stock picks every day.

Get Cramer's Picks by email-- it's free and takes only a few seconds to sign up.

Seeking Alpha is not affiliated with Jim Cramer, CNBC or TheStreet.com