Cramer's Lightning Round - Verizon, AT&T, Stop Throwing Food at Each Other (2/3/10)

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 |  Includes: BP, CAT, GOOG, MRVL, UA, VZ
by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Wednesday February 3.

Bullish Calls:

Verizon (NYSE:VZ): "That dividend is not in jeopardy… the Verizon wireless is very strong… people are concerned about Verizon in part because of this price war (with AT&T) … I mean it is like Delta house… I mean guys come on, get to the frat party, put it down, pick up the books, make some money for people and stop throwing food at each other, for heavens sake."

Under Armour (NYSE:UA): "But you know, the stock has come down… I think the expectations are low enough… I am willing to say yes, right here, right now for the first time that I think Under Armour at $25 is a buy…. wow, that is a change… that is a very big change."

Caterpillar (NYSE:CAT): "I think Caterpillar is overdone to the downside...I want to pull the trigger on Caterpillar… yes, I am worried about China… I have said that many times… but in the end, Caterpillar is a comeback story, and this year will be the infrastructure spend for the United States… buy Caterpillar."

Marvell Technology (NASDAQ:MRVL): "The chart is not that good for Marvell but the business is… I prefer it over telecom... it is a nice internet tsunami play."

Google (NASDAQ:GOOG): "Let’s buy another two shares... my worry is that people are going to say that until there is a deal with China, Google will not get the pizzazz back… it was a great quarter… Google is cheap… Read Mary Meeker’s report for Morgan Stanley… I want you to pull the trigger. I want you to buy a little Google."

Bearish Calls:

BP Petroleum (NYSE:BP): "No catalyst, no catalyst…let it go to $50... there is no catalyst to own BP right now, I am not going to recommend it."

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