Cramer's Lightning Round - Don't Back Away From The Hottest Stock In The Universe (11/11/13)

by: Miriam Metzinger

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Monday November 11.

Bullish Calls:

Ubiquiti (NASDAQ:UBNT): "This is maybe the hottest stock in the universe, but I am not backing away from it."

Apple (NASDAQ:AAPL): "It has gotten ridiculous. Apple should do an acquisition. It is the Rodney Dangerfield of stocks. Apple doesn't get respect."

Pharmacyclics (NASDAQ:PCYC), Johnson & Johnson (NYSE:JNJ): "PCYC is a buy, buy, buy. I happen to think its drug will be passed by the FDA. JNJ is good too."

Cheniere Energy Partners (NYSEMKT:CQP): "I have been pushing the MLP, because Cheniere (the main company's stock) has gone up. CEO Charif Souki has made us money."

Columbia Banking System (NASDAQ:COLB): "I like the long-term growth. You've got a winner there."

Schlumberger (NYSE:SLB): Cramer prefers SLB to Weatherford.

Bearish Calls:

Cheniere Energy (NYSEMKT:LNG): Cramer prefers the Master Limited Partnership, Cheniere Energy Partners.

Advanced Micro Devices (NYSE:AMD): "This is a one trick pony."

Skyworks (NASDAQ:SWKS): "They reported a great quarter, but everyone is panicking (about the sector). Ring the register."

Arena Pharmaceuticals (NASDAQ:ARNA): "No, we've got to go blue chip, and that isn't even a red chip."

Weatherford International (NYSE:WFT): "It is not as bad as it used to be (but Cramer prefers Schlumberger)."

Windstream (NASDAQ:WIN): "You are reaching for yield, and I would say 'no."


Jim Cramer’s Action Alerts PLUS: Check out Cramer’s multi-million dollar charitable trust portfolio and uncover the stocks he thinks could be HUGE winners. Start your FREE 14-day trial now!

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