Mad Money Lightning Round: Jim Gives Up On Alcoa, Prefers DOW Instead

Register for the LA Trader's Expo for Free Here! In his "Mad Money Lightning Round" on Tuesday, Jim said he has given up on Alcoa AA and will not recommend the stock to investors. He preferred DuPont DD and Dow Chemical DOW instead, where the costs are falling. DD climbed 1.44% to $35.99 in after hours, while DOW jumped 3.51% to $27.73. Jim said that although Seabridge Gold SA is ‘up on a real spike,’ he preferred SPDR Gold Shares GLD, as he liked to avoid mining risk whenever possible. GLD advanced 0.45% before closing at $117.36 yesterday. For Norfolk Southern NSC, Cramer said that he liked the rails, but Union Pacific UNP continued to be his favorite in this sector. UNP slipped 0.83% to $68 yesterday. Cramer said that he did not want to give up on Wendy's/Arby's Group WEN. He advised traders to invest in Darden Restaurants DRI also. WEN gained 1.60% to $4.45 in after hours and DRI climbed 0.14% to $41.70. When asked about Delcath Systems DCTH, Jim disclosed that he believed in any company that had made a breakthrough in cancer research. This was the reason why he also liked Dendreon DNDN. DCTH advanced 3.84% to close at $15.13 yesterday. After falling 0.77%, DNDN closed at $42.80, but the stock climbed 1.05% to $43.25 in after hours. Cramer said that Linn Energy LINE is largely dependent on hedges on natural gas and, therefore, he would rather prefer Kinder Morgan Energy Partners KMP that has made a lot of money for people. KMP traded at $61.77, up 0.03% in after hours. To see more trading ideas, click here.
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Posted In: CNBCLong IdeasNewsJim CramerShort IdeasMarketsMediaTrading IdeasCNBCJim Cramermad money Lightning Round
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