Cramer's Lightning Round - Misquote Aside, Citi's Going Higher (1/7/10)

by: Miriam Metzinger

Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Thursday January 7.

Bullish Calls:

Citigroup (NYSE:C), Bank of America (NYSE:BAC), Wells Fargo (NYSE:WFC): "The stock (Bank of America) is finally breaking out… and may I once again say, even though I was misquoted by every single media group in the country, that that Citigroup secondary was the buy of this year… Citigroup is going higher… Bank of America is going higher… and Wells Fargo is going higher."

SuccessFactors Inc (NYSE:SFSF), (NYSE:CRM): "Oh man, over the internet and thru the woods… you should be listening to, Marc Benioff, I want you to buy CRM… Customer Relations Management… SuccessFactors is a very good company, I absolutely think that you have got a good one… but you know what?... it is time that we took it the SEC… you buy some CRM."

Skyworks Solutions (NASDAQ:SWKS), RF MicroDevices (RFMD): "You know I have been disappointed in the stock's (RF MicroDevices) action, but not the actual business, which is pretty good… but I do like Skyworks Solutions Inc. more, just so we know… the RF Micro guys are good, but if you own a component play, I would rather have you in with David Aldrich and Skyworks."

Siemens AG (SI): "Siemens is a very, very good company… and you know what? I am surprised that it has fallen as much as it did… I happen to like that one very much... it is a conglomerate and I think Germany is coming back… I would pull the trigger and buy a little more."

Bearish Calls:

KBR (NYSE:KBR): "Look, I think that one of the things that is freaking people out is the decline in Iraq work… I understand that, to me it is a good story, it is not the best story… but you know what? You bought it at $13... let’s ring the register, let’s take the profit… nobody ever got hurt taking a profit."


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