Celgene Is Down Enough To Be Bought - Cramer's Lightning Round (2/3/16)

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Includes: ALXN, BP, D, DUK, FGP, GNRC, MCK, MKC, SYY
by: SA Editor Mohit Manghnani

Summary

Take profits off Sysco.

Dominion Resources over Duke Energy.

Ferrellgas Partners' yield is a red flag.

In the energy space, BP is down the food chain.

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Wednesday, February 3.

Bullish Calls

Duke Energy (NYSE:DUK): Cramer expects the stock to go higher. Their 4% yield looks safe. Although, he thinks that Dominion (NYSE:D) is better.

Generac Holdings (NYSE:GNRC): Buy it at this low price if you have the capacity to hold it.

Bearish Calls

Sysco Corp (NYSE:SYY): Take some profits off the table.

McKesson Corporation (NYSE:MCK): Buy McCormick (NYSE:MKC) instead.

Alexion Pharmaceuticals (NASDAQ:ALXN): Why go down the food chain when one can buy Celgene (NASDAQ:CELG).

Ferrellgas Partners (NYSE:FGP): Their double-digit yield is a red flag.

BP (NYSE:BP): Cramer did not want to recommend fossil fuel stocks. Energy stocks are hard right now and BP is way down the food chain.

Click here to go to Wednesday's Mad Money recap.

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