Cramer's Lightning Round - Alcoa Is Creeping Up (11/5/13)

by: Miriam Metzinger

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Tuesday November 5.

Bullish Calls:

Alcoa (NYSE:AA): "Ever since they reported, that stock has been creeping up, step by step, inch by inch. Alcoa is going higher ... it is cutting costs dramatically and is linked to aerospace. Buy, buy, buy. The next stop is $12."

US Airways (LCC): "If it gets the deal with the Justice Department (to acquire American Airlines) ... the stock will ultimately double."

EOG Resources (NYSE:EOG), Carrizo Oil & Gas (NASDAQ:CRZO): Cramer prefers these stocks to Matador Resources.

Petrobras (NYSE:PBR): "I've liked it. I reiterate that I like it. It is fine."

ConocoPhillips (NYSE:COP): "It is a terrific investment, and I want to buy."

United Rentals (NYSE:URI): "I do want to take a bit off the table. You have a double, but that said, I think it told a good story, and it could go to $80 before it is expensive."

Bearish Calls:

Rambus (NASDAQ:RMBS): "Take the gains in this stock. It is not an exciting tech company."

Merck (NYSE:MRK): "The problem with Merck is that it is stymied. It is old pharma. I want Merck to do well, but it doesn't have the gusto."

Matador Resources (NYSE:MTDR): Cramer prefers EOG Resources and Carrizo Oil & Gas.


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