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In his "Mad Money Lightning Round," on Wednesday, Jim Cramer said that he knew Lancaster Colony
LANC quite well as a company. According to him, ‘the stock has “gotten an unfair break” and it’s a good opportunity to invest in it. LANC gained 0.92% before closing at $54.57 yesterday.
Although Jim liked Google
GOOG and considered its technology as the best in league, he said he can’t back ‘a company that's saying no to China.’ He would rather prefer Baidu.com
BIDU and Yahoo!
YHOO. In the after-hours trading, GOOG lost 0.01% to $494.40, BIDU climbed 0.48% to $70.47 and YHOO slipped 0.25% to $15.75.
On Dendreon
DNDN, Cramer believed that it is a ‘highly speculative situation.’ However, he recommended it and advised investors not to sell it. DNDN traded at $42.30, down 0.26% in the after-hours session.
Jim wants investors to sell Universal Display Corp
PANL as the stock is trading very high. He instead advised traders to put some money in Corning
GLWLoading...
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. While PANL closed at $14.40, up 0.565, GLW slipped 2.77% to end at $17.54 yesterday.
For Brazil based Itau Unibanco
ITUB, Cramer said that interest rates are being upped in the country and thus he would like investors to invest in Canadian Bank of Montreal
BMO instaed. ITUM tumbled 5.51% and closed at $18.19 yesterday, while BMO traded at $59, up 0.80% in the after-hours session.
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