Cramer's Lightning Round - The 3 Keys To This Stock Market (11/12/13)

by: Miriam Metzinger

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Tuesday November 12.

Bullish Calls:

Lumber Liquidators (NYSE:LL), Ulta Salon (NASDAQ:ULTA), Tractor Supply (NASDAQ:TSCO): "Lumber Liquidators is one of my absolute favorites. I also like Tractor Supply and Ulta Salon. They are the three keys to this stock market."

Philip Morris (NYSE:PM): "That is a very inexpensive stock because they don't regulate tobacco overseas much. They are smoking their fool heads off over there."

FedEx (NYSE:FDX): "You want to hold this. It is an incredibly well-run company. It is up on a spike, so let it come in and buy more."

Bearish Calls:

Cree (NASDAQ:CREE): "No, it is too hard. I don't want to mess up and hurt people."

Exelon (NYSE:EXC), FirstEnergy (NYSE:FE): "No, we don't need underperforming utilities. I don't like Exelon and I don't like FirstEnergy."


Jim Cramer’s Action Alerts PLUS: Check out Cramer’s multi-million dollar charitable trust portfolio and uncover the stocks he thinks could be HUGE winners. Start your FREE 14-day trial now!

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