Cramer's Lightning Round - Wendy's Is Not Done (9/11/13)

by: Miriam Metzinger

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Wednesday September 11.

Bullish Calls:

Wendy's (NYSE:WEN): "The turn is for real. It has been a remarkable stock, and it is up 75% for the year. You know what? It's not done."

Lowe's (NYSE:LOW): "It is at its 52 week high, but it has momentum."

Manitowoc Company (NYSE:MTW): "I think this stock would bring out a lot of value, even 50%, if it split itself up. In the interim, it is doing better than it was before, and I stand by my recommendation."

First Solar (NASDAQ:FSLR): "I think you are okay. It did a secondary, and it didn't lift its head up again. If FSLR can do roughly near what management said it was going to do at that analyst meeting, it is a buy .... I haven't liked it for a long time, but after the analyst meeting, it makes a lot of sense."

American Realty Capital Properties (ARCP): "I think it is fine they have changed the corporate structure. The stock can come in. It may go lower, but it is a buy."

Access Midstream Partners (NYSE:ACMP): "It has one-third of the yield (of Nustar), but it is a safe situation."

Diana Shipping (NYSE:DSX): "Dry bulk carriers like DSX have been the place to be."

Bearish Calls:

NuStar (NYSE:NS): Cramer prefers Access Midstream Partners.

IBM (NYSE:IBM): "IBM reported a not great quarter. There are rumors that Warren Buffett is selling. If he's not selling, IBM is now oversold, but having said that, it is not a good stock. If it gets to $200, sell."

Nordic American Tankers (NYSE:NAT): "There is oil being shipped from Mid-Continent to the West for refining ... It is also happening in the East coast. All that is coming at the expense of NAT. Its business has been cut back ... China is not picking up the slack yet. I don't see it going down much more from $8, but I don't know how much upside it has."


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