Cramer's Lightning Round - I Like Nike (10/30/08)

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Thursday October 30.

Bullish calls:

Nike (NKE): “I recommend Nike as a better play instead. Let's buy that one under $50 a share."

State Street (STT): “I was worried about them, but now I think this one is a buy. I think they took the Fed money and I like State Street."

Coach (COH): "This stock is just going to mark time. No one wants to invest in high end handbags, but I'm a buyer of Coach. Their CEO will turn this one around."

Abbott Laboratories (ABT)

 
Bearish calls:

Mosaic (MOS): "The fertilizer business is a commodity business and I do not want to be in them after this bounce. Sell them where they are."

Under Armour (UA): "UnderArmour reported a good quarter but it didn't matter. Philips Electronics (PHG): "This has a lot of healthcare and that business is real bad right now. I do not have a catalyst for that one, so don't buy."

 

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