Cramer's Lightning Round - This Is The Right Level For Costco (4/2/14)

by: Miriam Metzinger

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

Bullish Calls:

  • Costco (NASDAQ:COST): "I want you to buy it. My charitable trust has been buying it. This is the right level."
  • Six Flags (NYSE:SIX): "It is part of the new frugality ... People want to stay close to home for vacation. It has a 4.6% yield. I want you to buy Six Flags."
  • Randgold (NASDAQ:GOLD): "If you want to buy a gold stock, buy Randgold."
  • IBM (NYSE:IBM): "I prefer IBM. I agree with Warren Buffett. I think IBM is better than Autodesk."

Bearish Calls:

  • Barrick Gold (NYSE:ABX): "It is not one of my favorite gold stocks."
  • Autodesk (NASDAQ:ADSK): "They had a great quarter, but the stock is doing terribly. It is a high-multiple stock that isn't working. I prefer IBM."
  • Celldex Therapeutics (NASDAQ:CLDX): "We sold it. We never looked back. We never look back at a good trade."
  • Netsuite (NYSE:N): "Take a little off the table. No one got hurt doing that."


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.