Cramer's Lightning Round - American Axle Is A Winner Even If It Rolls Over (6/21/13)

by: Miriam Metzinger

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Friday June 21.

Bullish Calls:

American Axle (NYSE:AXL): "It is still cheap. I believe in the autos. I'm worried that these might roll over, but you've got a winner. The market is uncertain, and it might get taken down. Everything may get pummeled, but you buy more."

Radian (NYSE:RDN): "If housing slows down, RDN won't write as much mortgage insurance. I have liked it for a 50% move. If people buy fewer homes, the stock will get hit a little. I would stick with, but I never get angry when someone takes a profit."

Linn Energy (LINE): "I want you to be in Linn Energy."

Bearish Calls:

Frontier Communications (NYSE:FTR): "These are bond market equivalents. I don't like these right now. I would let them come in, but FTR is not a good operator."

Cheniere Energy (NYSEMKT:LNG): "I think it is in a holding pattern. They have done a lot of great things, but we need to see if they open those plants up in time, those trains up, and if not, the stock is going to go lower, and if so, the stock is going to go higher. For now, we are in no man's land."

Pembline (NYSE:PBA): "It has a decent yield, but instead of that one, I want you to be in Linn Energy."


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