Cramer's Lightning Round - It Takes Discipline To Sell Linn Energy (7/2/13)

by: Miriam Metzinger

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Tuesday July 2.

Bullish Calls:

Allscripts Healthcare Solutions (NASDAQ:MDRX), Cerner Corporation (NASDAQ:CERN): "MDRX has been doing well with its new management. I do prefer Cerner, but the new management has brought the best out of MDRX. It is okay."

Bank of America (NYSE:BAC), Wells Fargo (NYSE:WFC): "If you like BAC, you will love Wells Fargo, which I own for my charitable trust. I think BAC is good, and WFC goes higher."

LinkedIn (LNKD): "Many people think that last quarter wasn't good. They are spending to dominate the category. I think it is an opportunity to buy. It is a very well-run company."

Advanced Micro Devices (NASDAQ:AMD): "It was down for the first time today. This stock is very inexpensive. I think this stock should go higher."

Cummins (NYSE:CMI): "The reason you buy Cummins is that Navistar has problems ... Cummins goes to $120."

Bearish Calls:

Linn Energy (LINE): "I like the company, but they are being examined by the SEC on accounting irregularities. That equals a sell. The stock is cheap, but I had to sell it for my charitable trust because of the discipline that you can't have even an examination of accounting irregularities. Sell."

Weatherford (NYSE:WFT): "I've never been a big fan because of its accounting irregularities."

ExOne (NASDAQ:XONE): "That is in a very competitive business. The stock is a rocket ship, but I don't want any rocket ships right now."

Navistar (NYSE:NAV): "Navistar is one of those situations that might get it together, but by the time it gets it together, Cummins goes to $120."


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