Cramer's Lightning Round - The Most Solvent Bank in the Northeast (9/11/09)

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Friday September 11.

Bullish Calls:

CKE Restaurants (CKE): "I'd rather see you in CKE Restaurants (than McDonald's). It reports next week. Could be an interesting place."

First Niagara (FNFG): "Everyone is giving up on First Niagara…This is a company that will get FDIC favors… to be able to buy a lot of banks. First Niagara is a long-term play because it is the most solvent bank in the Northeast."

Travelers (TRV): "Travelers has the best management in the industry … my friend, buddy, pal Jay Fishman who was a monster buyer of bonds and never did any of that ridiculous sub-prime… so lets stick with Travelers."

China Unicom (CHU): "CHU is finally starting to move. It is not just because it has the best technology… but that Apple deal is close, close, close...you have got a winner with CHU."

Bearish Calls:

McDonald's (MCD): "It is trading down on domestic sales… McDonald’s is one of those companies that does too well consistently. I am not going to recommend McDonald’s; it is too consistent, and this market does not want consistency."

Allianz SE (AZ)

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Comments

[Dotcom:]

Too consistent? That's not all bad for a dividend stock.

Sep 13 06:19 PM

[grbn:]

last i remember he said buy MCD but wait 'till it gets below 55. i guess his view has changed, based on recent same store sales, which is ok i suppose since he's a trader not an investor.

Sep 14 04:32 AM