Cramer's Lightning Round - Boeing Takes a Nosedive (12/4/08)

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Includes: AGU, BA, CELG, ITT, MDT, TECK, TNH
by: Miriam Metzinger

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Thursday December 4.

Bullish Calls:

Teck Cominco (TCK): "If you want to play the mining game, that's probably a good way to go, but it's been rough over there."
Terra Nitrogen (NYSE:TNH), Celgene (NASDAQ:CELG)
ITT Industries (NYSE:ITT): "ITT is a cheap stock."

Bearish Calls:

Agrium (NYSE:AGU): “If you're going to buy something in that sector, I would go to Terra Nitrogen for the yield, but I'm not recommending that sector right now."
Medtronic (NYSE:MDT): “That one has suffered a severe beat down. I think that whole group is in trouble. If I was going there, I'd look at biotech and Celgene.”
Boeing (NYSE:BA): "Boeing is the most worrisome stock in the Dow right now. I think they have nothing cooking over there, I say sell, sell, sell."

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