Mad Money Lightning Round: Cramer Likes ConocoPhillips, Travelers Companies


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Travelers Companies (NYSE: TRV) is the “cheapest stock in the Dow. I want to buy Travelers right here." For Micron Technology (NASDAQ: MU), he said, "You don't want to own Micron. It's not a good tech stock and it's not the season to own tech anyway." Cramer believes that ConocoPhillips (NYSE: COP) is “absolutely terrific. That's a great 4% yield." For Youku.com (NYSE: YOKU), he said, "No. The only one I'm recommending is Baidu.com (NASDAQ: BIDU). Don't buy any Chinese stocks other than Baidu." Cramer said that Enbridge (NYSE: ENB) has “moved too high compared to the others. I like Kinder Morgan Energy Partners (NYSE: KMP) and MarkWest Energy Partners (NYSE: MWE) more at this level." For United States Steel (NYSE: X), he said, "I don't want to own U.S. Steel. Too cyclical, wrong time, no construction, no plan in Washington to build." Cramer said that Aqua America (NYSE: WTR) “doesn't have the growth that I want." For iShares Silver Trust (NYSE: SLV), Jim said, "I'm a believer in gold. I'm not going down to silver." He said that ONEOK Partners (NYSE: OKS) is “too high."For Solar Capital (NASDAQ: SLRC), Jim said, "I reiterate that I like Solar Capital; they're one of the least risky ones out there." Cramer is “no longer recommending Nordic American Tanker (NYSE: NAT).” He added, “I can't recommend any tankers. It's too hard a business." Read more on Jim's Views On Benzinga

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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