Mad Money Lightning Round: Cramer Likes ConocoPhillips, Travelers Companies
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."
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