Cramer's Lightning Round - Hey You, Get Off Of The Cloud (6/2/14)

Includes: BAX, BGG, C, MMP, PGH, VEEV
by: Miriam Metzinger

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

Bullish Calls:

  • Magellan Midstream Partners (NYSE:MMP): "MMP is one of the best of these. I know the yield is not that big anymore. It is a consistent grower, and a real winner."
  • Baxter (NYSE:BAX): "That is a stock that is breaking up. I am sticking by it."

Bearish Calls:

  • Veeva Systems (NYSE:VEEV): "The market hates the cloud. This has a 28% short position. They bang it down. They will not let up selling this cloud stock or most of the others."
  • Briggs & Stratton (NYSE:BGG): "I'm disappointed. I thought they should have done better. I'm going to hold off buying."
  • Citigroup (NYSE:C): "No, I don't want to own Citigroup. I don't need to be there when there are better banks."
  • Pengrowth Energy Corporation (NYSE:PGH): "That has a good yield, but this is the problem; it is Canadian, I can't recommend it, because it has different tax considerations."


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.

About this article:

Want to share your opinion on this article? Add a comment.
Disagree with this article? .
To report a factual error in this article, click here