Jim Cramer's Mad Money Lightning Round Picks, Dec. 1

Miriam Metzinger submits: Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Friday December 1. Click on a stock ticker for more analysis:

Bullish calls:

Devon Energy (DVN): ' ... move into Devon Energy.'
Sears (SHLD): 'We are really looking at one retailer.'
USG (USG): 'Went up to 56 yesterday on bogus talk that Warren Buffett is going to increase his stake. ... The best way to play the trough in the earining cycle. If you don't own it, pull the trigger.'
Cisco (CSCO): 'I want you to swap out of JDSU and into my favorite, Cisco.'
PetSmart (PETM): 'If I wanted to be in the pet group, I would be in PetSmart.'
Goldman Sachs (GS)
Coldwater Creek (CWTR): 'The long knives were out for Cramer. ... Don't you think I whip myself [Cramer had recommended it at 29] ? ... I want right now ... a double down on Coldwater Creek. ... I think Christmas is gonna be good for Coldwater Creek.'
Allegheny Technologies: (ATI) ' ... you're better off with Allegheny Tech.'
Nucor (NUE): 'If I'm gonna get into the scrap steel, I'm gonna go to Nucor.'
Dynegy (DYN): 'That stock is on a major ramp. Fifty-two-week high when most stocks were down. ... This is a power generation company that seems destined to go to double digits.'
Level 3 Communications (LVLT)
CSX (CSX)
J.C. Penney (JCP)
Johnson & Johnson (JNJ): ' .... JNJ is a better buy at 65.'

Bearish calls:

Swift Energy (SFY): 'Swap out of that little player, and move into Devon Energy.'
Abercrombie & Fitch (ANF): 'Done. ... We've done the Abercrombie trade, one of the best trades we did.'
JDS Uniphase (JDSU): 'Trying to understand that quarter better. ... If they hadn't split the stock it would have been the same old same old. ... I want you to swap out of JDSU and into my favorite, Cisco.'
China Mobile (CHL): 'I give that the gong. China Mobile is not for me. If you want to own a cell-phone stock, I can't help you.'
TiVo (TIVO)
Select Comfort (SCSS): 'All three bed stocks, TempurPedic, Select Comfort ... and Sealy, do not work here.'
Tempur Pedic (TPX):
Sealy (ZZ):
PetMed Express (PETS):'I do not care for this company.'
TD Ameritrade (AMTD): 'I'm concerned about Ameritrade. The stock has been acting quite poorly.'
Schnitzer Steel (SCHN)
Burlington Northern (BNI): 'Did you go to business school to get stupid? ... I like Union Pacific much more.'
Abbott Laboratories (ABT):'Got a great medical supply business. There is gonna be a big health care rally. But my point is JNJ is a better buy.'

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