Cramer's Lightning Round - Exxon Is Safe, but Where's the Yield? 1 comment
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Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Monday June 15.
Bullish Calls
Bristol Myers (BMY): "If you want to buy a drug company with a good yield, I am going to send you to Bristol-Myers; that it has got a 6% yield and I regard it as being the best one to own… down .39 cents today."
Bearish Calls
Johnson Controls (JCI): "If I had to own something remotely even connected to automobiles whatsoever, which I do not… if some one were to put a gun to my head, immediately first of course I would say take that gun away from me… and then I would buy Johnson Controls… it is the best of a really bad neighborhood."
Commscope (CTV): "Commscope… oh, co-axle cable and stuff… do you know what, if I am going to buy fiber optic cable and high performance stuff, I am going to send you to either CIENA Corp. or I will send you to Cisco."
THQ (THQI): "The gaming business is no more right now. I do not want to touch it."
Exxon Mobil (XOM): "Well, I will tell you that that is probably the safest of the oils... it is not my favorite oil, as a matter of fact I prefer almost everyone that has a 4% yield, or closer to that, so you are not going to get me to recommend it, but no one has ever done badly owning Exxon."
Merck (MRK): "Oh gee, there is really nothing there."
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