Mad Money Mailbag: Prospects for PNC
Editor's Note: The following are questions received from viewers of "Mad Money," seen every day at 6 p.m. EDT on CNBC.
What do you think about PNC Financial (PNC) - Get PNC Financial Services Group, Inc. Report?-- Daisy Lee from Miami
James J. Cramer:
PNC is a solid little financial company, but with the
Federal Reserve
raising rates, I am a bit leery of owning any financial stock at this point.
That said, I continue to hold
Commerce Bancorp
(CBH) - Get AllianzGI Convertible & Income 2024 Target Term Fund Report
TheStreet Recommends
for my charitable trust,
ActionAlertsPLUS, based on Commerce's great prospects for growth and history of strong execution.
What should I do with Halliburton (HAL) - Get Halliburton Company Report?-- Jim from California
James J. Cramer:
As much as I like the energy patch, I have to be cognizant of the run these energy stocks have had.
With that in mind, I have been doing a little trimming for my charitable trust,
ActionAlertsPLUS, for 40%-plus gains.
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