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Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program,Tuesday December 23.

Bullish Calls:

GlaxoSmithKline (NYSE:GSK): Cramer says GSK is a positive company; “It works for me.”
Pepsico (NYSE:PEP): Pepsi is down a bit, but Cramer still stands behind it. “Pull the trigger.”
Pfizer
(NYSE:PFE): After being down on Pfizer for so long, Cramer now says it is a buy. “I like the yield.”
Verizon (NYSE:VZ): “A buy.”
Philip Morris International (NYSE:PM): “Buy…PM is for me.”
Flowers Foods
(NYSE:FLO): The management is solid. Cramer would buy but “one and a half thumbs up.”
Caterpillar (NYSE:CAT): “Pull the trigger.” Cramer says this stock, and not Terex, is best of breed.

Bearish Calls:

Vodafone Group (NASDAQ:VOD): “Too complicated.”
Baidu.com (NASDAQ:BIDU): While Cramer is liking other Chinese stocks now, he can’t go for Chinese internet, given the Chinese government’s strict regulations on privacy and use of the net.
Boeing (NYSE:BA): “The most dangerous stock for 2009…the worst to own.” Cramer cites order cancellations as one of the big worries about Boeing.
National Oilwell Varco (NYSE:NOV): While Cramer once liked this stock, you “can’t own it…Oil is going too low.”
Terex
(TEX)

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Source: Cramer's Lightning Round - The Most Dangerous Stock for 2009 (12/23/08)