Mad Money Lightning Round: Cramer Likes Johnson & Johnson

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that NovaGold Resources (AMEX: NG) is a “very speculative stock. If you believe in gold long term, then I'll bless it."

For Johnson & Johnson (NYSE: JNJ), he said, "I think you're fine with J&J. I don't like all the recalls, but I do like the 3.5% yield."

Cramer prefers General Mills (NYSE: GIS) or Unilever (NYSE: UL) to Sara Lee (NYSE: SLE).

For Lululemon Athletica (NASDAQ: LULU), he said, "I'm only going with Nike (NYSE: NKE) now since they boosted the dividend there."

Cramer prefers Intel (NASDAQ: INTC) to Micron Technology (NASDAQ: MU). He said that Intel “has a 3.5% dividend. That's the way to go."

For Titan International (NYSE: TWI), Jim said, "It's auto and we got some good news in auto today. I think this market's gotten too hard for autos, though."

He said that Freeport-McMoRan (NYSE: FCX) is the “best miner but if we get a slowdown in Europe, it's going to $34 or $35."

For Lender Processing Services (NYSE: LPS), Cramer said, "That's the mortgage business. That's too close to banking for me."

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