Mad Money Lightning Round: Jim Recommends JCG, RRC, ADSK, UPS, WEN, CMG, DLM, GLD, AEM, AMSC Over SLW, IMAX, WEN, QCOM And EXPD
During the "Mad Money Lightning Round," Jim Cramer said that the performance of J Crew (NYSE: JCG) was impressive and its stock should be bought into if there is any weakness.
Jim thinks that Range Resources (NYSE: RRC) is a natural takeover target and should be bought at first instance. He reiterated his “buy” rating on all natural gas companies.
With Autodesk (NASDAQ: ADSK) seeing an upturn in business, Jim thinks that this stock offers a lot of opportunity.
Jim stated that Expeditors International (NASDAQ: EXPD) was too dangerous and he would rather invest in United Parcel Service (NYSE: UPS), which is highly stable.
Cramer said that Qualcomm (NASDAQ: QCOM) has to deliver two good quarters to prove its mettle, which the company may not be able to do.
Jim also urged investors to maintain their faith in Wendy's/Arby's Group (NYSE: WEN) as Wendy's is performing nicely. He said that the group is turning around the problematic Arby's. He disclosed that Chipotle Mexican Grill (NYSE: CMG) is his favorite in the group.
When talking about Dole Food (NASDAQ: DOLE), Jim said that Del Monte Foods (NYSE: DLM) is the better play.
Jim also believes that American Superconductor (NASDAQ: AMSC) is a great alternative energy play and should be bought immediately.
Although Jim believes that Imax (NASDAQ: IMAX) is a winner, he feels that it is too costly to be bought at the current price.
Jim said that Silver Wheaton (NYSE: SLW) is not interested in silver and instead likes SPDR Gold Shares (NYSE: GLD) and Agnico-Eagle Mines (NYSE: AEM).
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