Cramer's Lightning Round - Warren Buffett Has Spoken (1/8/10)

 |  Includes: BA, CDYCF, DNDN, FITB, SLX, WDC
by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Friday January 8.

Bullish Calls:

Fifth Third Bancorp (NASDAQ:FITB): "Fifth Third Bank is a winner… I saw it tick off $11 today, and I remember when Goldman Sachs came out at $10 and said buy this one… Fifth Third, really good piece out the other day from one of the major firms, it was Morgan Stanley, talking about what banks could you do well… commercial real estate does well… this one, $15... I really like it here."

Dendreon (NASDAQ:DNDN): "If they have the ultimate vaccine for cancer, you know this thing is going much higher… in the interim, I think that you stay with it, because this thing could go up 10 points on good news… so I think you are okay… I know that you battled back to even, let’s just stay long with it right now."

Boeing (NYSE:BA): "I believe Boeing is an $80 stock… we are at the beginning of a major seven year move in Boeing… somebody downgraded it today on price… I say boo! This one is going higher."

Bearish Calls:

Cadbury (CDY): "I want you to ring the register… Warren Buffett has spoken… he does not want Irene Rosenfeld from Kraft to pay more than she is paying right now… so, the upside is now limited… I do not believe that Hershey will come in and wreck its own stock to buy Cadbury… I want you to sell, sell, sell.. ring the register."

Salix Pharmaceuticals (NASDAQ:SLXP): "Well, you have got a 52 week does not really have as big a product portfolio as I would like… I think… sell, sell, sell… you got a big gain, let’s take it."

Western Digital (NASDAQ:WDC): "It is really just a terrific tech component… I did get a little frightened, I have to admit, when Goldman downgraded Seagate… let’s take a little off of the table and let the rest run… because this has been a monster disc drive move."


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