GO
Loading...

Can Linn Energy’s Run Continue?

Wednesday, 3 Nov 2010 | 6:53 PM ET
A Fine LINE?
Mad Money host Jim Cramer gets bullish on Linn Energy.

Regardless of Republicans taking the House, and regardless of any moves the Federal Reserve makes, investors always want at least one high-yielding stock in their portfolio. One of Cramer’s favorites? Linn Energy.

Yielding 7.7 percent, Linn has returned 136 percent for investors who bought the stock when Cramer first recommended it on May 20, 2009, as long as they reinvested those dividends. But even if they didn’t LINE has still soared 105 percent. What Cramer was wondering on Wednesday was whether or not the run could continue.

The “Mad Money” host likes Linn’s gradual transition away from natural gas to oil, which protects it from nat gas’ weaker prices, and the company’s recent dividend boost is a sure sign of confidence in the business. Cramer wanted the latest on Linn and its prospects, so he invited CEO Mark Ellis to the show. Watch the video for the full interview.

Call Cramer: 1-800-743-CNBC

Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the Mad Money website? madcap@cnbc.com

  Price   Change %Change
LINE
---

Featured

Contact Mad Money

  • Showtimes

    Monday - Friday 6p ET
  • Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

Mad Money Features

  • Grab the latest CNBC gear from the NBCUniversal Store!

  • Get a behind-the-scenes look at how Cramer formulates his investment advice. "Inside the Madness" is a column, which features e-mails and more with Cramer and his researcher Nicole Urken.

  • You’ve always wanted to hit the “Hallelujah!” button. Here’s your chance.