ConocoPhillips Cannot Maintain Their Dividend - Cramer's Lightning Round (1/14/16)

|
Includes: COP, CVS, JPM, LC, NLY, SUN, WBA
by: SA Editor Mohit Manghnani

Summary

Sell Sunoco on strength.

Mortgage REITs are very risky.

CVS Health and Walgreens Boots Alliance are both good companies.

bear Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Thursday, January 14.

Bullish Call:

CVS Health (NYSE:CVS): CVS is a well-run company but Cramer prefers Walgreens Boots Alliance (NASDAQ:WBA).

Bearish Calls:

Sunoco (NYSE:SUN): Other parts of this sector are better. Use any strength to lighten the position.

ConocoPhillips (NYSE:COP): "They are pledging to keep that dividend. I believe they will not be able to make that pledge. But they have a lot of assets to sell." The 7% yield is a red flag.

Annaly Capital (NYSE:NLY): Mortgage REITs are risky and they are value traps.

LendingClub (NYSE:LC): JPMorgan's (NYSE:JPM) conference call was one of the best so he doesn't want to go down the food chain.

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

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.