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Lightning Round OT: Valero, CVS and More

Valero : Refining margins are “just awful,” Cramer said. Since Valero is a pure refining play, he said he’d rather see investors in a hybrid company like ConocoPhillips or Marathon.

CVS Caremark : Cramer said he likes CVS at present levels – $36 – and recommends taking profits at $38.

Delek Holdings : Again, Cramer reiterated his calls on COP and MRO. Don’t buy Delek.

Jim's charitable trust owns ConocoPhillips.

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