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Mad Money Lightning Round: Cramer Likes Atmel (SRE, DUK, IVAN, FLR, HW, C, HES, XOM, PBCT, ATML)

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Sempra Energy (NYSE: SRE) is “OK. I used to like it when it was lower, but I have other utilities that are better. I like Duke Energy (NYSE: DUK) for its yield."

For Ivanhoe Energy (NASDAQ: IVAN), he said, "It has millions of shares. That's the problem. I'd say it is speculative. It's OK as a spec."

Jim said that Fluor (NYSE: FLR) “shouldn't have been down. We should be buying this one."

For Headwaters (NYSE: HW), he mentioned, "Way too late to sell. I would just hold onto it."

He believes that Citigroup (NYSE: C) is “going to be a monster stock. I see it going to $5, then $6, and eventually to $12 a share by 2012."

Cramer prefers Hess Corporation (NYSE: HES) to Exxon Mobil (NYSE: XOM).

For People's Bank (NASDAQ: PBCT), he said, "I mentioned this one in my book and I was wrong. But now I think I'm right -- it's cheap."

He said that Atmel (NASDAQ: ATML) is “one of my favorite integrated companies. I think it's terrific and I'm a buyer."

Read more on Jim's Views On Benzinga

Posted-In: CNBC Long Ideas Jim Cramer Short Ideas Pre-Market Outlook Intraday Update Markets Media

 

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