Cramer's Lightning Round - Ford Works! (8/11/10)

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 |  Includes: AAWW, EXPD, F, FLR, MHS, PCLN, PG, WG
by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Wednesday August 11.

Bullish Calls:

Ford (NYSE:F): "Ford works! Ford works! Now, understand... Everything's going down. I think, if you can get Ford under $12, I would pull the trigger nine ways to Sunday! Ford's a great international company. They're fixing their balance sheet and, with the credit rating going up... and, yes, there's a slowdown in the world... shocker!"

Procter and Gamble (NYSE:PG): "Hey sport, listen to me... this is the kind of stock that's going to start working tomorrow around 12-1pm. People are going to come to buy Procter. The quarter was actually better organic growth than Unilever... much better organic growth than Colgate. When they're busy throwing away all the techs and all the industrials, they will come and buy Procter between 12:30pm and 2pm tomorrow. That's my prediction."

Priceline.com (NASDAQ:PCLN): "Alright... they had blown up the previous quarter. They had missed the number. What people didn't realize is that Europe, in recession, is actually very good for them. They also had a lot of (Iceland) volcano problems the previous quarter. All of that went away. That said, Priceline was a gigantic short squeeze. It will come down tomorrow, and I would pick at it... buy, buy, buy! I would pick at it because, boy, they have a good business model for a slowdown in Europe."

MedcoHealth Solutions (NYSE:MHS): "Alright, listen to me... listen to me. The most vicious over-reaction to a good quarter that I've ever seen.This thing has come down. It was a good quarter. It's a great company. I really want the company to come on air, I've got to tell you. Here's why... It's a long-term great story on generics... on patented drugs going generic. We've liked Medco since we started the show. We're not backing away now. I want to stick with MHS!"

Fluor (NYSE:FLR): "The only one I'm recommending in that group is Fluor Corporation. If you can get Fluor Corp. under $45, that's where I would pull the trigger."

Expeditors International (NASDAQ:EXPD): "I like Expeditors International more than yours."

Bearish Calls:

Willbros Group (NYSE:WG): "Really? No, no, no... I mean, this is construction and engineering, of which the only one I'm recommending in that group is Fluor Corporation...I cannot be bullish about WG."

Atlas Air Worldwide Holdings (NASDAQ:AAWW): "Aww, come on Captain! We don't need that kind of thing...Yours is too risky. By the way, I like Expeditors International more than yours."

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