Cramer's Lightning Round - Alcoa Can Wait (2/26/13)

 |  Includes: AA, HMST, MCD, RDS.A
by: Miriam Metzinger

Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Tuesday February 26.

Bullish Calls:

HomeStreet (NASDAQ:HMST): "This is one of the best performing bank stocks of the era, so it has given up a little on profit-taking. It is 10% off its high. I like that."

Royal Dutch Shell (NYSE:RDS.A): "I like that. People think it is a second rate company. It has come down a lot. It has a good yield. I am a buyer."

McDonald's (NYSE:MCD): "When other people are writing it off in the mid 80s, people are downgrading it left and right, I stand up and say it is a buy, buy, buy. CEO Don Thompson is doing a miraculous job. He's putting technology to work. I'd buy some here, and buy more at $93, because it has been one of the hottest stocks in this cohort."

Bearish Call:

Alcoa (NYSE:AA): "Klaus Kleinfeld is doing a miraculous job as CEO, but in the end, these companies are down. Alcoa can wait. I like the company but its stock is not well."


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