Cramer's Lightning Round - The Guts and Brains of Every Cell Phone (4/24/09)

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 |  Includes: D, ED, HOLX, LOW, NOK, PFG, QCOM, S, T, TRV, VZ, WEC
by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Thursday April 24.

Bullish Calls

Qualcomm (NASDAQ:QCOM): "It is the guts, it is the brains of almost every cell phone out there. I think the quarter is real good, that is the one that I want to be in."

Lowes (NYSE:LOW): "I like the mix of business with insurance and the Diamond Offshore and I think that you want to buy Lowe's right here… it has come down too much already."

Sprint-Nextel (NYSE:S): "I think that Sprint Nextel is an excellent speculation buy, and I have been keeping it that way since the price of $4. I am sticking with it as a spec buy, not an investment."

Verizon (NYSE:VZ), AT&T (NYSE:T): "I like Verizon...AT&T."

Dominion Resources (NYSE:D), Con Edison (NYSE:ED): "...they both give you 6% and I do not think that they are going to have no problems with cap-n-trade."

Travelers (NYSE:TRV): "I think Travelers buys the property and casualty business from Hartford (Financial Services)… and Travelers goes up huge on it."

Qualcomm (QCOM): "It is the guts, it is the brains of almost every cell phone out there. I think the quarter is real good, that is the one that I want to be in."

Bearish Calls:

Wisconsin Energy (NYSE:WEC)

Hologic (NASDAQ:HOLX): "I feel like I have got burned in Hologic. I did not like that last acquisition."

Principal Financial Group (NYSE:PFG): "I have to tell you that I do not have any conviction about PFG."

Nokia (NYSE:NOK)

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