"Mad Money Lightning Round:" Jim Says It Is Sell Time For RIMM

In his "Mad Money Lightning Round" on Friday, Jim Cramer said that Research In Motion RIMM is “worse than dead money.” He would sell the stock the minute the price appreciates. After falling 10.84% on Friday, RIMM gained 1.00% in pre-market trading. When asked about Flagstar Bancorp FBC, Jim said that there are several big banking stocks that are trading very low and advised traders to go for PNC Financial Services PNC. He commented that he liked FirstMerit FMER but can’t recommend it as it has jumped. PNC added 0.48% in after hours. Jim believed that dividend offered by American Capital Agency AGNC is a warning sign. He advised investors to sell the stock. AGNC moved up 0.10% in after hours trading. Cramer is enamored by Northwestern NWE, which he considers as one of his favorite stocks in the pipeline sector. “I think it's a winner," he added. NWE lost 0.11% on Friday. Halliburton HAL is getting a beating due to oil spill in the Gulf, Jim said. He believed that HAL is not involved in the oil spill and will eventually “be a good one.” He stoically recommended the stock. HAL advanced 0.80% in the pre-market trading session. Read more on Jim Cramer.