Friday, March 29, 2024
Homemad moneyCramer explains why he's now bullish on natural gas

Cramer explains why he’s now bullish on natural gas

It's that time again! Jim Cramer rang the lightning round bell, which means he gave his take on caller favorite stocks at rapid speed:

Diebold: "We have to have them back on because when they did that, we had them on and they told a pretty good story. But the stock has done nothing. Let's hold their feet to the fire. Bring back Diebold! The stock does seem cheap, but that's not enough for you or for me."

GasLog Ltd: "I was talking to Rusy Braziel, he does RBN Energy, and I've got to tell you, I am feeling more and more bullish about that liquified natural gas market because of how much we have versus what they need overseas. So, I think that Rusty is right. I think it's a really interesting market."

MGM Resorts International: "MGM is one of my absolute favorites. I've got to tell you, I think that Jim Murren [CEO] knows how to run a casino. Boy, it's tough because Steve Wynn is good. But MGM is cheap, cheap, cheap."

Honeywell International: "I really like Honeywell. I think that I do feel badly that we are going to see Mr. Cote [CEO] retire, but I bet he's got a good person coming in after him."

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