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Lightning Round: Starbucks, Core Labs & more

Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.

The Southern Company (SO): With the economy showing signs of improvement, I'm not a big fan of utilities right now, said Cramer. However, if you want to be in a utility this is a good one.

Core Labs (CLB): I think this stock has declined enough that it can be owned, said Cramer. However, they have to do better next quarter or I will revise my thinking.


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Starbucks (SBUX): I like Starbucks, said Cramer. I know it's trading at lofty levels so I'd put on a half position now and hope that the market brings it down.

GenCorp (GY): It's a play on aerospace, said Cramer, and I think the whole sector goes higher next week in the wake of the Farnborough Air Show.

Cheniere Energy (LNG): Rather than LNG, I'd rather own Cheniere Energy Partners, ticker CQP.

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