Cramer's Lightning Round: American Electric Power is a buy

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Cramer's Lightning Round: American Electric Power is a buy
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“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.

It's that time again!"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.:"You buy it...This won't just be a smooth ride, 4.2% yield is good.

A lot of people sold this stock because the short term rates have gone so high because the Fed has raised rates so rapidly. That's why it's going down, nothing to do with the company which is incredibly well run. I would be a buyer of American Electric Power."

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