Cramer's Lightning Round - Everyone Knows It's Wendy's (10/15/09)

 |  Includes: IBOC, PPD, STP, WCRX, WEN
by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Thursday October 15.

Bullish Calls:

Wendy's/Arby's Group (NYSE:WEN): "It has been a drag, but I see a turn in its fortune. I would stay in it. May be a terrific spec and I'm not backing away."

Warner Chilcott (NASDAQ:WCRX): "Stock's pretty high..70 cents off its high. I continue to like it...will go higher after closing its deal."

Bearish Calls:

Pre-Paid Legal Services (NYSE:PPD): "Legal service business is consistent and done well...I don't know how it can accelerate from here, so I'm saying don't buy."

International Bancshares (NASDAQ:IBOC): "We had a big hit in that, we are not looking back. We liked it much lower."

Suntech Power (NYSE:STP): "We need subsidies for solar and we need oil to be at $90, so we aren't going to buy that."


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