Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Monday September 24.
Bullish Calls:
Heckmann (HEK): "Is turning into a world class amelioration of pollution company for fracking and drilling. That said, it has had a monster move from $3 to $5. You have to let it cool off. However, it is a spec stock I like and I want to buy it."
Bank of America (BAC): "I think you are fine. It is a buy."
Lorillard (LO), Philip Morris (PM): "You are safe with Lorillard, but I prefer PM."
McDonald's (MCD): "We've been trimming it, but I think it goes higher."
Health Care REIT (HCN), Simon Property Group (SPG): "Both these stocks did great deals and are winners. HCN's secondary is going to be good."
Neutral Call:
Petroquest (PQ): "Is very speculative. If you think oil is going up 20% or 30% you can buy it. If you don't think so, you sell it."
Bearish Calls:
Tesla (TSLA): "Too dicey. Very overvalued. I'm not going to recommend it."
Westport Innovations (WPRT): "Is a spec stock that is heavily shorted. It trades on news announcements. If you think natural gas is going to be a service fuel, it is a play, but I no longer believe that Washington is going to get behind it (natural gas)."
::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
Jim Cramer's Action Alerts PLUS: Trade right alongside a Wall Street pro! Start your 14-day FREE trial today.
Get Cramer's Picks by email - it's free and takes only a few seconds to sign up.
