Cramer's Lightning Round - UNG Is a Ridiculous Piece of Paper (10/15/10)

Includes: CGNX, CHK, EPD, UNG
by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Friday October 15.

Bullish Calls:

Cognex Corp (NASDAQ:CGNX): "No, there's more to come. I know, we really did nail that one...And I think that Cognex remains a buy. There's much more to go here."

Chesapeake (NYSE:CHK): "If you want natural gas, I'm telling you... you've got to buy Chesapeake Energy Corp., which is still hanging out above... above... that key technical level. I like that best."

Enterprise Products Partners (NYSE:EPD): "Even up here! Even up here! I think this company is a screaming, screaming buy! With a 5.5% yield. Just consistent...They raised the dividend this week... the distribution. More viewers have made money in Enterprise, and in Kinder Morgan, than in any other stock other than Cramer-fave... yep, repeat after me, Apple... "

Bearish Calls:

United States Natural Gas ETF (NYSEARCA:UNG): "When this thing was triple where it is... I wrote this, and told everyone to get out of this ridiculous piece of paper that doesn't do what people want."


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