In the Lightning Round, Cramer was bullish on
Enbridge Energy Partners LP
Cramer was bearish on
Permian Basin Royalty Trust
Northern Oil and Gas
US Airways Group
In the "Mad Tweets" segment, Cramer responded to questions sent via Twitter to
Cramer said that he's not recommending
, calling the Mid-Atlantic bank "fairly valued." He was also not a fan of IP telephony play
, telling viewers to stay on the sidelines for now.
Cramer did endorse
as a speculative part of your portfolio, and was also still a fan of
, purveyors of the Popeye's chain.
When asked about
, a stock Cramer owns for his charitable trust,
Action Alerts PLUS
, he said he still likes the stock, even after trimming his position a bit.
Cramer was not a fan of
Cobalt International Energy
however, telling viewers to stay away. He was also bearish on
, offering up
as a better way to play that sector.
No Huddle Offense
In his "No Huddle Offense" segment, Cramer said the shoe is officially on the other foot, with China and Europe lifting stocks higher and America dragging its heels and sending stocks lower. He said today's market action clearly showed the markets being buoyed by growth overseas, which was then helped by a decline in U.S. bond rates that spurred our housing stocks.
But Cramer said it won't be long before the sellers return to beat-down U.S. stocks, even as many companies stand to benefit from not only Europe and China but the emerging markets including Brazil.
To watch replays of Cramer's video segments, visit the Mad Money page on CNBC
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-- Written by Scott Rutt in Washington, D.C.
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