Cramer's Lightning Round - Can You Handle Caterpillar? (8/26/09)

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Wednesday August 26.

Bullish Calls:

Caterpillar (CAT): "Okay, you bought very well... You bought it when it was an accidentally high yielder. I personally think that CAT, a world class manufacturer. If you can handle it, this is up to you. If you can handle a dip down back to $40, if you can handle a 7 point dip, then I think you hold it, buy, buy, buy... But, if you can't... Sell, sell, sell... Fair enough, I put it in your hands."

Kirkland's (KIRK): "They put up some good numbers and I think it goes higher."

Oracle (ORCL): "I am a huge believer in [CEO] Larry Ellison. I am a huge believer that that merger is going to work out well, as all of the other ORCL mergers do, and I want to stick with ORCL... Buy, buy, buy... You made a good choice."

AT&T (T), Verizon (VZ): "All right, listen to me, and listen good. This stock [AT&T] is finally on the move. It's been totally, to quote my favorite stock analysts, Mo, Larry and Curly, step by step, inch by inch, slowly breaking out of $25 level, going to $30. I also think VZ is going from $30 now, $32 to $35."

Bearish Calls:

Cinemark Holdings (CNK): "I don't like the cinema business... I don't like it... they tend to load up debt, and they tend to get crushed."

CNH Global (CNH): "CNH global my friend, should be sold... The agricultural business has had a big run."

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