Cramer's Lightning Round - There Isn't A Day I Haven't Recommended Berkshire Hathaway (7/2/14)

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 |  Includes: BRK.B, DRQ, DWA, ESV, IGT, LINEQ, LO, MA, PM, V, VIP, WB
by: Miriam Metzinger

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Wednesday July 2.

Bullish Calls:

  • Berkshire Hathaway (NYSE:BRK.B): "The class B shares are a good investment. I don't think there is a day I haven't recommended that stock."
  • Dreamworks Animation (NASDAQ:DWA): "It just bottomed at this point. I'm no longer telling people to get rid of it. It is speculative, but I like it now."
  • Lorillard (NYSE:LO): Cramer prefers Lorillard to Philip Morris.
  • International Game Technology (NYSE:IGT): "The value is reflected in the stock, but I would not sell it. You may get a bit more, and it has a good yield."
  • Vipshop Holdings (NYSE:VIPS): "VIPS is a buy ahead of Alibaba."
  • MasterCard (NYSE:MA), Visa (NYSE:V): "Anjay Banga is one of the best CEOs in the world. MA is going to deliver a terrific quarter. I like Visa too, but I prefer MA."
  • Dril-Quip (NYSE:DRQ), Ensco (NYSE:ESV): "I like DRQ very much, but I like yield too, so I prefer Ensco."

Bearish Calls:

  • Weibo (NASDAQ:WB): Cramer prefers Vipshop.
  • Linn Energy (LINE): "If a company has an accounting issue, you have to sell. It has made some good moves, but I have rules. The rules may cost me in some cases, but they have usually made me money."
  • Philip Morris (NYSE:PM): Cramer prefers Lorillard to PM.

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