Lightning Round: Con Ed, Eldorado, Kinder Morgan and More
Con Ed : Cramer is bullish on ED, as well as Dominion Resources , in the utility space.
Pepco Holding : Cramer doesn’t trust the dividend yield. Stay away from POM. For a utilities play, he referred back to Con Ed and Dominion, and offered Kinder Morgan Energy Partners and Enterprise Product Partners for investors looking for dividends.
Teck Resources : Take profits on TCK, Cramer said.
Helca Mining : “One of my absolute least favorite mining companies,” Cramer said. Sell HL. Go with SPDR Gold Shares as a play on gold, or consider Agnico-Eagle Mines , Eldorado and Randgold Resources , in that order.
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