Mad Money Lightning Round: Cramer Likes NovaGold Resources (RLI, PRU, DSX, DNDN, MOTR, MCP, NG, KBR, FLR)

Symbols: DNDN, DSX, FLR, KBR, MCP, MOTR, NG, PRU, RLI
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On CNBC's Mad Money, Jim Cramer said during the Lightning Round that RLI Corp (NYSE: RLI) is “not a bad insurance company, but I still like Prudential (NYSE: PRU), even after its run-up."

For Diana Shipping (NYSE: DSX), he said, "I still don't want to own companies levered to day rates on ships. There are too many ships and I can't recommend that stock."

Jim said that Dendreon (NASDAQ: DNDN) is a “very controversial stock. They have some promising drugs and I would not be a seller. "

He mentioned that Motricity (NASDAQ: MOTR) is a “stock that's suffering from insiders being unlocked from selling it. This is an integral part of the Internet tsunami and I would pull the trigger."

For Molycorp (NYSE: MCP), he said, "I would take a little off the table and sell half my position to lock in profits."

Cramer said that NovaGold Resources (AMEX: NG) is a “stock that's a long-term play on gold. If you don't own any you should start buying. This is the best way to play gold and I'm not kidding."

For KBR (NYSE: KBR), he mentioned, "I like infrastructure plays, but that one is up big. I've got Fluor (NYSE: FLR) down big and I'd be a buyer of that one."

Read more on Jim's Views On Benzinga


 
 
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