Jim Cramer Weighs In On Freeport-McMoRan And SunCoke Energy

Jim Cramer spoke on CNBC's Mad Money about Freeport-McMoRan Inc FCX. He said the company has fixed its balance sheet and he believes it's going higher because he sees some GDP growth ahead. Freeport-McMoRan has already traded sharply higher and Cramer thinks it needs to settle down. He would wait for it to drop below $15 and then he would buy it.

Cramer thinks the dividend distribution in SunCoke Energy Partners LP SXCP is unsustainable. He would rather buy Magellan Midstream Partners, L.P. MMP.