Market Overview

Mad Money Lightning Round: Cramer Advises Investors To Buy Boeing (MCD, ICON, NKE, VZ, GSS, AAPL, BA, KOG, SA, MHS, T, VZ)


On CNBC's Mad Money, Jim Cramer said during the Lightning Round that McDonald's (NYSE: MCD) is “at $73 and yields 3.3%.” He added, “I'd love to get it at 4% but it probably won't get there. I give it a triple buy."

For Iconix Brands (NASDAQ: ICON), he said, "Nike Inc (NYSE: NKE) reported a bad number and that'll take down all the apparel plays. We're going to hold off on that one."

Cramer advises investors to hold Verizon (NYSE: VZ). He added, “They yield 5.5%. I say VZ works here."

For Golden Star Resources (AMEX: GSS), he said, "I'm not recommending gold stocks right here. You need to let them come in. There will be a time to jump back in, but now is not that time."

Jim said that he is “not a seller of Apple (NASDAQ: AAPL). He added, “I'm more inclined to buy more. The stock is going to be stuck here. Tech is not right here; other sectors are more right."

For Boeing (NYSE: BA), Cramer said, "You want to own Boeing. They've got a big cycle coming and it's going to be terrific."

He advises investors to buy Kodiak Oil & Gas (AMEX: KOG).

For Seabridge Gold (AMEX: SA), he said, "No, no. We're going to let the gold miners come in. This is not the time to buy them. "

Jim said that his “charitable trust sold MedcoHealth Solutions (NYSE: MHS)” He added, “I don't like these kinds of stories. It's time to go."

Cramer likes AT&T (NYSE: T). He added, “Is it as good as Verizon (NYSE: VZ)? No, but it's still good."

Read more on Jim's Views On Benzinga

Posted-In: Jim CramerCNBC Jim Cramer Pre-Market Outlook Intraday Update Markets Media Trading Ideas


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