Cramer's Lightning Round - Chevron Is Worth The Wait (12/16/14)

Dec. 17, 2014 5:03 AM ETCVX, BLUE, SAIC, ONVO, ATVI, EVEP-OLD, TRN, EEP1 Comment
Miriam Metzinger profile picture
Miriam Metzinger
3.92K Followers

Summary

  • Chevron has to come down, but it is worth the wait.
  • Organovo is an interesting spec.
  • Bluebird is a buy on a decline.

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Tuesday December 16.

Bullish Calls:

  • Chevron (CVX): "CVX has a nice yield and it is good. You are going to have to wait till around $95 with a 4.5% yield."
  • bluebird bio (BLUE): "It did a giant secondary ... If the market is down, people will give up on it and send it down even though it has a great formulation. That is your chance. Right now it is too high."
  • Science Applications International (SAIC): "I like it. It is in the sweet spot. I want you to own it."
  • Enbridge (EEP): "We think the world of Enbridge. We think it is a terrific situation."
  • Organovo (ONVO): "That is a really interesting company. Three Dimensional is a great theme. Interesting, speculative and positive."

Bearish Calls:

  • EV Energy Partners (EVEP): "That is very problematic. I don't like it. It is too risky, I know it has come down a lot, but I have to tell it like I see it."
  • Trinity Industries (TRN): "It has that lawsuit that is filed by the government coupled with fewer tanker cars. That makes me want to say 'don't buy.'"
  • Activision Blizzard (ATVI): "This whole group is up on a spike. It is up too much."

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

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.

This article was written by

Miriam Metzinger profile picture
3.92K Followers

Recommended For You

Related Stocks

SymbolLast Price% Chg
CVX--
Chevron Corporation
BLUE--
bluebird bio, Inc.
SAIC--
Science Applications International Corporation
ONVO--
Organovo Holdings, Inc.
ATVI--
Activision Blizzard, Inc.

Related Analysis