Cramer's Lightning Round - Questcor Is The Ultimate Crossfire Stock (3/3/14)

|
 |  Includes: COP, DW, GLD, MNK, SPLK, TLM, UPLMQ
by: Miriam Metzinger

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Monday March 3.

Bullish Calls:

Splunk (NASDAQ:SPLK): "They do data mining. It has come down too much. Buy, buy, buy."

Talisman Energy (NYSE:TLM): "It looks pretty good to me. I won't go against Icahn. I'd rather be a buyer than a seller."

Drew Industries (NYSE:DW): "A very good RV company. I feel good about that industry."

ConocoPhillips (NYSE:COP): Cramer prefers COP to Ultra Petroleum.

SPDR Gold Trust ETF (NYSEARCA:GLD): "It has had a big run, but I believe every portfolio should have gold. If it comes down, buy some."

Bearish Calls:

Questcor (QCOR): "It is the ultimate crossfire stock. I want nothing to do with it, long or short."

Ultra Petroleum (UPL): "There are so many others that are better. I can't recommend it after it has had that kind of run."

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::

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.