Cramer's Lightning Round - Mannkind Is Too Hot For The Touch (1/27/14)

by: Miriam Metzinger

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Monday January 27.

Bullish Calls:

VeriFone (NYSE:PAY): "It looks like there is a turn there. It is not my favorite, but since they now have a turn, you should buy it."

Chevron (NYSE:CVX): "CVX is good. Is it going to shoot the lights out? No. It has a good, solid balance sheet, good management and is kind of boring, but it will go up over time."

Nokia (NYSE:NOK), Alcatel Lucent (ALU): "Nokia is fine. The last quarter wasn't exactly perfect, but we are getting a long-awaited pullback, and I'm a buyer. I feel the same way about ALU."

American Tower (NYSE:AMT), Crown Castle (NYSE:CCI): "These have been under pressure. They are opportunities. If I can see AMT back down to $76 or $75, that is my level."

Bearish Calls:

MannKind (NASDAQ:MNKD): "Too speculative for this guy. Too hot for the touch."

LGI Homes (NASDAQ:LGIH): "I'd rather buy a home in Naples, Florida than a homebuilder. Now someone on Twitter said Jim Cramer killed us because he recommended homebuilders. You know, I can't reach in and choke that person, because that is not the way Twitter works. It is not 3-D, but I would. I don't like homebuilders."

Krispy Kreme (KKD): "The last quarter was a non-starter, and I didn't like it. That changed my mind. A bad quarter on top of what I thought was a decent quarter makes me pause."


Jim Cramer’s Action Alerts PLUS: Check out Cramer’s multi-million dollar charitable trust portfolio and uncover the stocks he thinks could be HUGE winners. Start your FREE 14-day trial now!

Get Cramer's Picks by email - it's free and takes only a few seconds to sign up.