Mad Money Lightning Round: Cramer Doesn't Like Coal Stocks (LINE, RTN, GILD, YZC, BTU, WFC, JPM)

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Jim Cramer said on Mad Money Lightning Round that Linn Energy, LLC
LINE
is a good stock, but he recommended investors to sell it, because he didn't want to be greedy. Linn Energy, LLC (
LINE
) gained 1.05% on Friday. Cramer is worried about Raytheon Company
RTN
. He thinks that this stock is cheap, but government will probably cut the defense budget, and you should sell the stock. Raytheon (
RTN
) jumped 2.68% on Friday, and closed at $46.69. Gilead Sciences, Inc.
GILD
is a buy thinks Cramer. He said that the sentiment has improved for this stock. Gilead Sciences, Inc. (
GILD
) gained 1.00% on Friday. Cramer is a seller of Yanzhou Coal Mining Co. (ADR)
YZC
, because he doesn't like Chinese stocks. He doesn't like coal industry either, but if he had to pick the stock in the space, he would buy Peabody Energy Corporation
BTU
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. Yanzhou Coal Mining Co. (ADR) (
YZC
) lost 1.93% on Friday, and Peabody (
BTU
) added 0.41%. No one should buy bank stocks until Wednesday, said Cramer. He is concerned about the effect of Basel III. Wells Fargo & Company
WFC
is a good company, but it can't buck the trend right now. He recommended JPMorgan
JPM
instead.
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Posted In: CNBCLong IdeasJim CramerShort IdeasMediaTrading Ideasmad money Lightning Round
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