Lightning Round: The ultimate red flag stock

It's that time again! The Lightning Round bell has rung, and Jim Cramer gives his take on a few favorite audience stocks:

Breitburn Energy Partners: "You said long-term, and if you had said anything else I would have said it was a mistake because I don't really want you in that stock. With a 21 percent yield, that is the ultimate red flag."

Ford: "I think Ford is not as good as GM... I understand GM is going down now, but it's got good yield and I think the dividend is going to be boosted."

Verifone: "I like Verifone, and you should use the weakness to buy because I believe that they are a game changer for retail."

BP Prudhoe Bay Royalty Trust: "I think it's too high risk. I think that with the possibility that oil keeps going lower, you're going to get a little bit less of a dividend. If you want a dividend play, you will have to go to utilities in the sell off. Though utilities are at a fresh all-time high, so you need to wait until they come down."

JPMorgan Chase: "This stock could come down a little more before I pull the trigger."

AT&T: "I think this stock on a price war with Verizon, T-Mobile and Sprint could take this stock down to $30-31 where it yields 6 percent. That is where we pull the trigger."

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Emerge Energy Services: "Forget it, I still don't want a sand fracking play. Oil is going down too fast."

J.C. Penney: "I did hope that they would have a turn, and then they told you that they are not having the earnings that they would like to have - and then I got more negative. Why did I get more negative? Because they told you to be more negative! And that is the way I'm staying."

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