Cramer's Lightning Round - Heckmann Is World Class (9/24/12)

by: Miriam Metzinger

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 (NYSE:BAC): "I think you are fine. It is a buy."

Lorillard (NYSE:LO), Philip Morris (NYSE:PM): "You are safe with Lorillard, but I prefer PM."

McDonald's (NYSE:MCD): "We've been trimming it, but I think it goes higher."

Health Care REIT (NYSE:HCN), Simon Property Group (NYSE:SPG): "Both these stocks did great deals and are winners. HCN's secondary is going to be good."

Neutral Call:

Petroquest (NYSE: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 (NASDAQ:TSLA): "Too dicey. Very overvalued. I'm not going to recommend it."

Westport Innovations (NASDAQ: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)."


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