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Lightning Round OT: Patriot Coal, UAL and More

Jeffries Group : Don’t buy JEF, Cramer said. Even though the company reported an upside surprise, he thinks investors will dump the common stock for a convertible bond that Jeffries is offering.

  • Cramer's 12 Stocks to Play the Recovery

Patriot Coal : Stay away from PCX, Cramer said. CSX , which ships a lot of coal, said that next quarter doesn’t look good for this industry.

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UAL : Sell UAL, Cramer said. He won’t recommend airline stocks.







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