Jim Cramer's Mad Money Lightning Round Picks, Dec. 20

Miriam Metzinger submits: Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Wednesday December 20. Click on a stock ticker for more analysis:

Bullish calls:

Foster Wheeler (FWLT): ' ... I'm not selling the rest, because this company, and KBR ... both have the single best pin action off all the oil that's been found, and the money - particularly the new need to have petro plants and nuclear - that FWLT is going to be a core position for me. Two thumbs up, way up.'
KBR (KBR)
Conceptus (CPTS): 'I like it, but I can't rave about it, because I like other companies in medical devices. And I haven't tried it personally, but I hear good things.'
Cisco (CSCO)
J.C. Penney (JCP)
Devon Energy (DVN)
Best Buy (BBY): 'The best of times at BBY ... should be bought here. Why? Because they are annihilating CC. '
Quest Diagnostics (DGX): ' ... brutally knocked down by momentum sellers. And I have been calling a bottom here at $52 bucks. I like that better than Bio-Reference Laboratories."
Indevus Pharmaceuticals (IDEV): 'A lot of ways to win. I mentioned the stock as being a good speculative play. Everyone do a little homework, and see if you like the stock.'

Bearish calls:

O2 Micro International (OIIM): ' My friend, we're trying to stay away from mixed signals. I'm talking about mixed-signal circuits, which I have lost money in for maybe 15 years. I want you to get off right now, and sell that stock.'
SanDisk (SNDK): ' ... for a trade, I think it can go to $47. But this stock has got tremendous tax-loss selling. And I don't want you to run into that, because that is a buzzsaw! Wait until January if you have to own SNDK.'
Family Dollar (FDO):
Wal-Mart (WMT): 'I can't get wild about WMT, which has that look and feel of a dollar store.'
Dollar General (DG): 'I see a trade at $14-17, $14-17. I can't get wild about that.'
UAL (UAUA): 'I want you to ring the register. You made a great trade... but no, you must take that money off the table. I cannot have it turn into a loss. Congratulations on a good one.'
CPFL Energia (CPL): 'Too dicey! I think that a Brazillian 4% yield is not enough to keep me with maybe so-so growth ... I would rather see you, honestly, in an American growth utility.'
Brightpoint (CELL): 'You know I don't like the wireless business ... It's too hard a business. I don't want to touch it. '
Arena Resources (ARD): 'It is a sleeper oil stock, but it's up a lot, and as much as I like ARD, I feel like that's a good swap out of some of the crazier.'
Motorola (MOT): 'Can't get behind the MOT. It's been a real house of pain; I see no real momentum there.'
Nokia (NOK): 'I don't like the NOK. I don't like the cell phone business.'
Bio-Reference Laboratories (BRLI): ' Let's swap out of BRLI; let's go to DGX.'
Circuit City (CC): ' ... the worst of times at CC. When I was going over the CC quarter, I could not believe how much money they are losing on the exact same product that they are making money on at BBY... I question if there even needs to be a CC.'

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