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Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Thursday December 6.

Bullish Calls:

Abbott Labs (ABT), Starbucks (SBUX): "Abbott is my favorite position (in Cramer's charitable trust) after Starbucks."

Sandstorm (SAND), SPDR Gold Trust ETF (GLD): "If gold goes down big, then Sandstorm has more risk, but here at $11, it's fine. I still prefer GLD."

Commerce Bancshares (CBSH): "I've always liked it. This is a pro-growth area. I'm surprised it wasn't taken over. It is a very well-run bank."

Bearish Calls:

Hess Corporation (HES): "Is the most undermanaged company in the world. It should split into two ... they have not pulled the trigger."

Annaly Capital Management (NLY): "That is a tough one. I want to see a couple of quarters. Former CEO, the late Mike Farrell did an unbelievable job. He probably has a great team, but that group right now is hard to own, particularly with the Federal Reserve keeping rates low. I am on hold with Annaly."

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Source: Cramer's Lightning Round - My 2 Favorite Positions In The Charitable Trust (12/6/12)