Cramer's Lightning Round - I Still Believe In Rite Aid (7/25/14)

by: Miriam Metzinger

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Friday July 25

Bullish Calls:

  • Rite Aid (NYSE:RAD): "I still believe in RAD. I understand it is churning. I want to stay long. I'm not going to tell you it is going right back to $9. It is churning, and that is okay."
  • St. Jude Medical (NYSE:STJ): "STJ is my preferred pick in that category."
  • Old Republic International (NYSE:ORI): "I like that. Long-term, I've liked that company. The business is hard. ORI missed the quarter, but long-term, it's okay."

Bearish Calls:

  • Medtronic (NYSE:MDT), Covidien (COV): Cramer prefers St. Jude Medical to these stocks.
  • Weatherford (NYSE:WFT): "I recommended WFT so long ago. It had an accounting problem, and now it is back and doing a lot of things right. The group has gotten soggy, WFT is at its high. I'd say cut it (your position) in half."
  • Trupanion (NYSE:TRUP): "These IPOs are struggling. There are more deals coming. We don't want to be in a niche business right now."
  • Prospect Capital (NASDAQ:PSEC): "I've looked at it. Any yield can be sustained (short-term), but longer term, I'm concerned. A yield that high in a low interest rate environment is a red flag."


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