Mad Money Lightning Round: Cramer Doesn't Like Coal Stocks (LINE, RTN, GILD, YZC, BTU, WFC, JPM)

Jim Cramer said on Mad Money Lightning Round that Linn Energy, LLC LINE is a good stock, but he recommended investors to sell it, because he didn't want to be greedy. Linn Energy, LLC (LINE) gained 1.05% on Friday. Cramer is worried about Raytheon Company RTN. He thinks that this stock is cheap, but government will probably cut the defense budget, and you should sell the stock. Raytheon (RTN) jumped 2.68% on Friday, and closed at $46.69. Gilead Sciences, Inc. GILD is a buy thinks Cramer. He said that the sentiment has improved for this stock. Gilead Sciences, Inc. (GILD) gained 1.00% on Friday. Cramer is a seller of Yanzhou Coal Mining Co. (ADR) YZC, because he doesn't like Chinese stocks. He doesn't like coal industry either, but if he had to pick the stock in the space, he would buy Peabody Energy Corporation BTU. Yanzhou Coal Mining Co. (ADR) (YZC) lost 1.93% on Friday, and Peabody (BTU) added 0.41%. No one should buy bank stocks until Wednesday, said Cramer. He is concerned about the effect of Basel III. Wells Fargo & Company WFC is a good company, but it can't buck the trend right now. He recommended JPMorgan JPM instead.
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Posted In: CNBCLong IdeasJim CramerShort IdeasMediaTrading Ideasmad money Lightning Round
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