Mad Money Lightning Round: Cramer Likes Abbott Laboratories
On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Campus Crest Communities (NYSE: CCG) is a “great real estate trust. It yields 6%; stick with that one."
Cramer said that Chesapeake Energy (NYSE: CHK) has a “lot of cash and great cash flow. They're electric."
For Cree (NASDAQ: CREE), he said, "There will be no revival of Cree. The numbers are terrible there. It's a sell, sell, sell."
Cramer said that he likes International Paper's (NYSE: IP) 4% yield.
For ATP Oil & Gas (NASDAQ: ATPG), he said, "No. Why not got go with ConocoPhillips (NYSE: COP) with that 4% yield or Total SA (NYSE: TOT)?"
Cramer said that he “loves Abbott Laboratories (NYSE: ABT). I want to buy that stock right now, right here."
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