Cramer's Lightning Round: Packaging Corp All Wrapped Up (11/7/08)

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 |  Includes: C, CPL, MCD, MELI, PKG, WEN, WFC, WIN, YUM
by: Miriam Metzinger

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Friday November 7.

Bullish Calls:

 
CPFL Energia (NYSE:CPL)

McDonald's (NYSE:MCD): “This one of the greatest companies… I do prefer MCD because of the dividend.”

Yum! Brands (NYSE:YUM)

Windstream (NASDAQ:WIN): “You know the quarter wasn’t that bad, the dividend is safe the management is great…Windstream is okay.”

Packaging Corp of America (NYSE:PKG): “I think that yield is good news… I think they can pay it.. I am recommending it right here.”

Wells Fargo (NYSE:WFC):  “They have this unbelievable acquisition of Wachovia… why not go with the best capitalized company in the industry?”

Bearish Calls:

 

Mercadolibre (NASDAQ:MELI) “ I wish I never mentioned MELI…speculation in Latin America  is a no right here…don’t buy.”

Wendy's International (NASDAQ:WEN): “I’m not a big fan long term…it has nice speculative gains… take half off the table let the rest ride.”

Citigroup (NYSE:C): “I have to tell you…I need an upside. Don’t buy.”

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