Cramer's Lightning Round - American Tower Is One Of The Best Stories Out There (11/26/12)

by: Miriam Metzinger

Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Monday November 26.

Bullish Calls:

American Tower (NYSE:AMT): “I wish it could pull back so I could buy, buy, buy. It must be bought. It is one of the best stories out there.”

Sprint (NYSE:S): “It is doing a complex deal … you are going to be able to get cash back. Suffice it to say, I like the stock. If you see it go down, it is because of the combination of the arbitrage, not because it is doing badly.”

Exelixis (NASDAQ:EXEL): “We like EXEL. That is a good situation. That is a spec. It is entirely a spec.”

Cirrus Logic (NASDAQ:CRUS), Apple (NASDAQ:AAPL): “Cirrus can go higher, but if you want a play on Apple, buy Apple.”

Phillips 66 (NYSE:PSX): “It’s positive. Buy, buy, buy. I like Phillips 66, and I would buy it right here.”

Neutral Call:

Hospitality Properties Trust (NYSE:HPT): “People are concerned about that company not being able to make the numbers. I say we need to do more work before I opine on it. Whenever I see 8%, I break out my red flag … ”

Bearish Calls:

NovaGold (NYSEMKT:NG): “NG stands for ‘no game. It’s got no game.”

Nvidia (NASDAQ:NVDA): “That stock is doing absolutely nothing. I don’t have a catalyst. It is a very expensive stock.”

Suburban Propane Partners (NYSE:SPH): "A nice dividend yield. Hold off on it. The propane business is so competitive. Sell, sell, sell.”


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