Mad Money Lightning Round OT: Cramer Is Bullish On VVC, CNL, SINA And BIDU
On CNBC's Mad Money Lightning Round OT, Jim Cramer said that Vectren Corporation (NYSE: VVC) is an excellent company. It has a 5% dividend yield, and it should be bought, thinks Cramer. Vectren Corporation (VVC) lost 0.76% on Thursday, and it closed at $27.43.
He also likes Cleco Corporation (NYSE: CNL). Cramer explained that this stock is a great growth utility. Cleco Corporation (CNL) fell 1.40%, and it closed at $35.11.
SINA Corporation (USA) (NASDAQ: SINA) is the Twitter of China, said Cramer. He added that this is the fastest growing company in the world, and the stock will jump to $120. Cramer also said that this is a speculative play, and his favorite Chinese stock is Baidu.com, Inc. (ADR) (NASDAQ: BIDU). SINA Corporation (USA) (SINA) gained 5.45% today, and closed at $117.02.
