Cramer's Lightning Round - I Agree With Warren Buffett About Wells Fargo (2/27/12)

by: Miriam Metzinger

Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Monday February 27.

Bullish Calls:

Fidelity National Financial (NYSE:FNF), Wells Fargo (NYSE:WFC): "(about Fidelity)...not bad, regional, this group is strong...I will go with what Warren Buffett says...he likes Wells Fargo. I'm not going to disagree with that man."

Panera Bread (NASDAQ:PNRA), Chipotle Mexican Grill (NYSE:CMG), Yum Brands (NYSE:YUM): "If I am in a restaurant chain, I either want radical growth, like Panera or CMG or I want stable growth, so I will give you YUM."

Kinder Morgan Energy Partners (NYSE:KMP): "I'm going to focus on KMP... that is right."

Belden (NYSE:BDC): "That is a good housing play...a good construction play. I see housing coming back, and that is going to be good for them."

Bearish Calls:

Bravo Brio Restaurant (NASDAQ:BBRG): (recommended PNRA, CMG and YUM instead).

Frontier Communications (NYSE:FTR): "They cut the dividend. I say sell, sell, sell."

Strayer (NASDAQ:STRA): "I don't like any of those stocks. I think private education is not the place to be for the next few years."

HollyFrontier (NYSE:HFC): "I'm going to give you the 'hold'...why not' sell?' I'm not crazy about the refiners, but they are not so bad you have to get rid of them. But I prefer something with a higher yield, and they don't have one."


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