Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Wednesday December 10.
Bullish Calls:
- VeriFone (PAY): "I like VeriFone. Use the weakness to buy. It is a game changer for retail."
- General Motors (GM): "GM is going down here, but it has a good yield. GM is good long term."
- Enterprise Products Partners (EPD): Cramer prefers EPD to BP Prudhoe Bay.
Bearish Calls:
- Ford (F): Cramer prefers General Motors.
- BreitBurn Energy Partners (BBEP): Cramer is bearish on this stock.
- BP Prudhoe Bay (BPT): "It is too high risk. Let's be careful. Let's be with the MLPs that don't have exposure to the commodity price. Enterprise is good."
- AT&T (T): "It is in a price war ... which could take this stock down to $30-$31 where it yields 6%. That is where we pull the trigger."
- Emerge Energy Services (EMES): "We loved this stock, and then it went to the $100s, and we said it was time to sell. I still don't want a sand fracking play. Oil is going down."
- J.C. Penney (JCP): "I thought it would have a turn, and then management said the earnings were not what they expected, so I got more negative."
::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
Jim Cramer’s Action Alerts PLUS: Check out Cramer’s multi-million dollar charitable trust portfolio and uncover the stocks he thinks could be HUGE winners. Start your FREE 14-day trial now!
Get Cramer's Picks by email - it's free and takes only a few seconds to sign up.
