Mad Money Lightning Round: Cramer Likes Freeport-McMoRan

Symbols: CSCO, CVX, FCX, IDCC, MCP, MTW, NLY, PDM, T
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On CNBC's Mad Money, Jim Cramer said during the Lightning Round that AT&T (NYSE: T) “works whether they get to buy T-Mobile or not."

For InterDigital Communications (NASDAQ: IDCC), he said, "I did like the stock, then it got over inflated. I'm not looking back."

Cramer said that Chevron (NYSE: CVX) is a “winner. It wasn't as disappointing as some people will tell you."

For Cisco Systems (NASDAQ: CSCO), Jim said, "I think they've gotten some mojo back. I think it gets back to $20."

He advises investors to sell Molycorp (NYSE: MCP).

For Piedmont Office Realty Trust (NYSE: PDM), he said, “When it comes to real estate investment trusts, I prefer Annaly Capital Management (NYSE: NLY).

Cramer said that Freeport-McMoRan (NYSE: FCX) “bottomed at a 3.2% yield. Copper is ready to roll again."

For Manitowoc (NYSE: MTW), he said, "I screwed up on that one. This stock has been left for dead but I would double down."

Read more on Jim's Views On Benzinga


 
 
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