Cramer's Lightning Round - Bank Of America Is The Bank For 2014 (1/6/14)

by: Miriam Metzinger

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Monday January 6.

Bullish Calls:

Bank of America (NYSE:BAC): "It is breaking out here. BAC is the bank for 2014."

Boston Scientific (NYSE:BSX): "It got 2 upgrades today. It has been a hot stock, but it is still cheap. It can go higher. Buy it up to $15."

LinkedIn (NYSE:LNKD): "The run in Yelp signals that LNKD is next. I want to be a buyer."

Pepsico (NYSE:PEP): "I like Pepsico because of the diversification into the snack business."

HollyFrontier (NYSE:HFC), Valero (NYSE:VLO): "HollyFrontier got downgraded. That would be my favorite. Valero would be second."

Masco (NYSE:MAS): "I would play housing with Masco because it is cheap."

Starbucks (NASDAQ:SBUX): "I would buy Starbucks on weakness."

Gogo (NASDAQ:GOGO): "People are saying I'm on the wrong side of Gogo. It is now at a level where I am comfortable."

Magnum Hunter (MHR): "If you want a spec, we are going back to Magnum Hunter."

Bearish Calls:

Halcon Resources (NYSE:HK): "We walked away from that. It hasn't delivered."

Annaly (NYSE:NLY): "I have walked away. That business model is not great. I don't know what they have or what they are going to do. It is too hard."

Dr. Pepper Snapple (NYSE:DPS): Cramer prefers Pepsico.


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.