Cramer's Lightning Round - Atlas Shrugged (12/15/08)

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Monday December 15.

Bullish Calls:

AeroVironment (AVAV): “We like AVAV if we are doing anything militarily because that’s the one we think Obama likes which is the unmanned stuff…let’s go with that.”
Caterpillar (CAT): “Why not go best of breed? Below $40 I’d rather own Caterpillar than Terex at $15.”
Enterprise Products Partners (EPD): “I am focusing on EPD enterprise.”
Kinder Morgan (KMP): “is down…[of all the pipeline companies] I have the best feeling about Kinder Morgan.”
Altria (MO): “I don’t understand Altria…it yields 8 1/2%...the yield is the highest it has been…Altria is so inexpensive…I urge people…to buy.”
Becton Dickinson (BDX): “One of those (medical equipment) companies I really like right here right now.”

Bearish Calls:

GeoEye (GEOY)
Terex (TEX): “Below $40 I’d rather own Caterpillar than Terex at $15.”
Atlas Pipeline (APL): “Too good to be true.”

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Comments

[Moon Kil Woong:]

I bought CAT as an inflation hedge around $70. Sadly, it's down but it's ok because 90% of my money is cash. People will still need farm equipment and energy equipment esp. alternative energy is probably going to do fine. This is one of the only stocks I own. Good pick.

I don't care much about the rest. If you want safety keep cash. If you want profit, keep cash. If you are worrying about inflation in a down market it will always start with food related companies because that's the first thing people think about while starving, "FOOD at any price".

2008 Dec 17 05:20 AM