Cramer's Lightning Round - Amazon Has Lost Its Cult Status (6/6/14)

by: Miriam Metzinger

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

Bullish Calls:

  • Sysco (NYSE:SYY): "I love that combination. I think they can raise prices."
  • GW Pharmaceuticals (NASDAQ:GWPH): "I think this stock goes to $100. This is the legal cannabis. The FDA approved it for compassionate use for epilepsy. There are so many uses for this stuff, and it is the only sanctioned non-class one felony play for marijuana. Totally speculative, but I like it."
  • Talisman Energy (NYSE:TLM), Andarko Petroleum (NYSE:APC): "I like Talisman. I'm not crazy about the Canadian oils usually, but Talisman is good. I prefer Anadarko."

Bearish Calls:

  • Amazon (NASDAQ:AMZN): "AMZN is okay. It kind of lost its cult status. The market will say to Amazon, 'No, you have to make money.' People are going to sell that stock and buy Alibaba."
  • Cliffs Natural Resources (NYSE:CLF): "That is a tough one. Management is good, it is being challenged, but the core business is bad. I don't want to own it."
  • Bank of America (NYSE:BAC): "This is a total show-me stock, because it has not done well."


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