Cramer's Lightning Round: Packaging Corp All Wrapped Up (11/7/08) 4 comments
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Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Friday November 7.
Bullish Calls:
CPFL Energia (CPL)McDonald's (MCD): “This one of the greatest companies… I do prefer MCD because of the dividend.”
Yum! Brands (YUM)Windstream (WIN): “You know the quarter wasn’t that bad, the dividend is safe the management is great…Windstream is okay.”
Packaging Corp of America (PKG): “I think that yield is good news… I think they can pay it.. I am recommending it right here.”
Wells Fargo (WFC): “They have this unbelievable acquisition of Wachovia… why not go with the best capitalized company in the industry?”
Bearish Calls:
Mercadolibre (MELI) “ I wish I never mentioned MELI…speculation in Latin America is a no right here…don’t buy.”
Wendy's International (WEN): “I’m not a big fan long term…it has nice speculative gains… take half off the table let the rest ride.”
Citigroup (C): “I have to tell you…I need an upside. Don’t buy.”
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This is the true International Banking setup that I agree with so I am full tilt for C.