Cramer's Lightning Round - Don't Worry About Starbucks (2/26/14)

by: Miriam Metzinger

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Wednesday February 26.

Bullish Calls:

Starbucks (NASDAQ:SBUX): "People worry about the price of coffee. Long term, Starbucks is not worrisome. It has the best management in the industry, it has incredible digital, it is expanding internationally. If it gets back to $69 or $70, my charitable trust will be there pulling the trigger."

Micron (NASDAQ:MU): "I like it, but it is stalled. MU is an inexpensive stock. I'm not going to pound the table, but it is not expensive, and I expect a decent quarter."

SBA Communications (NASDAQ:SBAC): "I do think it is best in show. We need more towers. It is going to make so much money."

TransCanada Corporation (NYSE:TRP): "I prefer TransCanada to Enbridge."

Bearish Calls:

Progressive Corporation (NYSE:PGR): "The auto insurance business has gotten very cutthroat. I don't want to be in that."

Capstead Mortgage (NYSE:CMO), Annaly (NYSE:NLY): "Annaly reported a decent number, so everyone is going crazy with this group, including CMO. If we get a change in interest rates, I don't want to reach for yield."

Enbridge Energy Partners (NYSE:ENB): "Has a decent yield. People are dumping these. I prefer TransCanada."


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