Market Overview

Mad Money Lightning Round OT: Cramer Is A Buyer Of Sprint (S) (NGG, MCK, CQP, S)

On CNBC's Mad Money Lightning Round OT, Jim Cramer said that he likes National Grid plc (ADR) (NYSE: NGG), because of its gigantic yield. Before he recommends NGG as a buy, he wants to check if this yield is sustainable.

McKesson Corporation (NYSE: MCK) is a perfect slow growth story, thinks Cramer. This stock is a real winner, and Cramer believes that it will go higher. McKesson Corporation (MCK) fell 0.03% today.

Cramer will have to do a thorough analysis on Cheniere Energy Partners, L.P. (AMEX: CQP) before he recommends it as a buy. This stock also has a high yield, and Cramer has to check if this yield is sustainable.

Cramer thinks that Sprint Nextel Corporation (NYSE: S) is a buy. He used to be a critic of this stock, but now he is a buyer. Sprint Nextel Corporation (S) gained 4.63% today, and closed at $4.52.

Posted-In: Jim CramerCNBC Long Ideas Jim Cramer Media Trading Ideas

 

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