Cramer's Lightning Round - Nokia Has Fleas (11/29/12)

by: Miriam Metzinger

Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Thursday November 29.

Bullish Calls:

MarkWest Energy (NYSE:MWE): "You are fine. That is in the heart of the Marcellus shale. It goes higher. Hold onto it."

Heckmann (HEK): "It is levered to natural gas and oil drilling ... the price of natural gas is low. You have to hold Heckmann for a long time. It is not a hot money stock, it is a long term speculation."

Wells Fargo (NYSE:WFC): "This is one of my favorite stocks."

LSI Corporation (NASDAQ:LSI-OLD): "LSI is breaking good and not breaking bad. It is in a disliked sector, but it is doing well. Hold onto it."

Bearish Calls:

Nokia (NYSE:NOK), Research in Motion (RIMM): "People are buying Nokia because Research in Motion is going up and they are thinking that, because that dog doesn't have so many fleas, that Nokia is flealess. Nokia could go up, but I don't have a reason to own the stock."

Bank of America (NYSE:BAC): "I'm not a big fan of Bank of America, but it will go up with other banks. If you already own it, that's fine."

Exelon (NYSE:EXC): "I don't like utilities that don't care about the dividend. I think Exelon has not been treating its shareholders right."

Dupont (NYSE:DD): "I think this company is a disappointment because it is too levered to commodities. It is a very weak hold."

Pitney Bowes (NYSE:PBI): "I'm worried. PBI has a 13% yield, and that is a classic red flag. I'm going to say 'don't buy.'"


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