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Mad Money Mailbag: Gaming's Now a Gamble

Cramer explains why he wouldn't be aggressive in purchasing any of the gaming stocks these days.

Editor's note: The following are questions received from viewers of "Mad Money," seen every day at 6 p.m. EDT on CNBC.

Should I buy, sell or hold Boyd Gaming (BYD:NYSE)?-- Charles from New Jersey

James J. Cramer

: I recently spoke with CEO William Boyd on the show, and this is one of my favorite companies in the industry. That said, rising gas prices could cause a drop in customer visits, and I wouldn't be aggressive in purchasing any of the gaming stocks these days.

What is your outlook for financial stocks like Bank of America (BAC) - Get Bank of America Corp Report?-- Bob from California

TheStreet Recommends

James J. Cramer

: I know that my associate David Peltier likes this stock for its 4.8% dividend yield. While I agree that BofA's dividend is secure, the company may be taking on too many acquisitions. Viewers must also realize that this is a difficult time to own any bank, as margins are being squeezed by the flat yield curve.

Is it too late to get into Southwestern Energy (SWN) - Get Southwestern Energy Company Report?-- Margaret from Virginia

James J. Cramer

: Sadly, especially if you missed my original recommendation around $55, the answer is yes. This energy exploration stock has been white-hot of late, and I'd suggest waiting for a pullback below $70 before committing new capital.