Cramer's Lightning Round - What the Heck Is Going On with Apple? (12/7/09)

by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money, Monday December 7.

Bullish Calls:

Apple (NASDAQ:AAPL), Google (NASDAQ:GOOG), Amazon (NASDAQ:AMZN): "Alright, I have been working and working and working on what the heck is going on with Apple...I reiterate Apple, Amazon and Google. They all look like they're rolling over. I want you to use the weakness to buy, buy, buy! And I'm not backing away... not one minute... not one minute from Apple."

Vale (NYSE:VALE): "I have taken some profit, but I'm a "scale seller." I am not just dumping Vale. The business is too good."

Bearish Calls:

Allos Therapeutics (NASDAQ:ALTH): "There's talk that Folotyn sales are not going to be that strong. There was a lot of criticism about the company in terms of the price of the drug... So, even though I said that I liked it, I am readjusting to the facts here. The facts seem not as good as they were last week...don't buy, don't buy, until we get more clarity."


Seeking Alpha publishes a summary of Jim Cramer's stock picks every day including: Mad Money Recap, Lightning Round and his Stop Trading! Picks.

Get Cramer's Picks by email-- it's free and takes only a few seconds to sign up.

Seeking Alpha is not affiliated with Jim Cramer, CNBC or