Cramer's Lightning Round - Crown Castle Is The Place To Be (6/17/14)

by: Miriam Metzinger

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Tuesday June 17.

Bullish Calls:

  • Crown Castle International (NYSE:CCI), American Tower (NYSE:AMT): "I want you to hold Crown Castle. I like American Tower. This is the place to be."
  • Westlake Chemical Corporation (NYSE:WLK): "I like Westlake. It is really inexpensive ... it is a winner."
  • AmeriGas Partners (NYSE:APU): "It has a 7% yield, and that is hard to come by."
  • Chicago Bridge & Iron (NYSE:CBI): "I saw the stock down. I think it is a conservative company. I usually don't like companies that have accounting problems. I bet we find out in a few weeks that it wasn't that bad."
  • Celgene (NASDAQ:CELG): "I like Celgene. I think it is very cheap, but I'm looking at 2017 earnings, and most people are looking yesterday."
  • Mylan (NASDAQ:MYL): "I think Mylan is going to do a deal. I typically don't like commodity makers of products, but if (a company wants to) buy Mylan, be my guest."

Bearish Calls:

  • Smith & Wesson (SWHC): "The big sporting goods companies are indicating that gun sales have peaked. I don't want to buy ahead of that quarter."
  • ConocoPhillips (NYSE:COP), Exxon Mobil (NYSE:XOM): "COP has had such a move, take some profits. I do not want to own Exxon, I would sell it."


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