Cramer's Lightning Round - You Can't Go Wrong With The Drugstores (11/6/13)

by: Miriam Metzinger

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Wednesday November 6.

Bullish Calls:

Rite Aid (NYSE:RAD), Walgreen (WAG), CVS Caremark (NYSE:CVS): "You can't go wrong with the drugstores. Walgreen is doing well. CVS is doing even better and Rite Aid is not as bad as it used to be, and at $5, that is a reason to buy."

Krispy Kreme (KKD): "When it reported an allegedly bad number, I said back it up, and I was right. That stock goes higher. It is a well-run company."

Emerald Oil (NYSEMKT:EOX), Pioneer Natural Resources (NYSE:PXD): "Emerald is okay. With Pioneer coming down, I'm more intrigued by Pioneer. That may be cheaper."

St. Jude (NYSE:STJ): "It got downgraded and no one cared. They just kept on buying."

EOG Resources (NYSE:EOG): Cramer prefers EOG to Chesapeake Energy.

Air Lease (NYSE:AL): "Not bad. They've got the planes."

Netsuite (NYSE:N), (NYSE:CRM): "Netsuite is okay. The one in that space I really like is"

Bearish Calls:

JCPenney (NYSE:JCP): "I hated it all the way down, and when it got to $13, I said buy it, and then it went boom. The company did that equity offering, and I'm not looking back. I don't want to touch it."

Edwards Lifesciences (NYSE:EW): "They have great science, but... (Cramer prefers St. Jude)."

Chesapeake Energy (NYSE:CHK): "Just hold on to it. If it goes higher, I want you to sell. I have stocks that are better than that."

Barracuda Networks (NYSE:CUDA): "I wish you had gotten in on the deal. I wouldn't have paid up. That segment is so tough. It is too competitive. Let's wait. It is not a bad company, but there is too much competition."


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