Cramer's Lightning Round - Best Buy Is the Place to Be (11/4/10)

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Includes: AKAM, BBY, CMI, HAL, SLB, WFT
by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Thursday November 4.

Bullish Calls:

Akamai Technologies (NASDAQ:AKAM): "I've been recommended Akamai... I think it is more proprietary than Rackspace."

Best Buy (NYSE:BBY): "I like your idea... the last quarter was good it is still a very inexpensive stock... it has not moved and it is still down 10% from its high...I think retail is really where the action is right now and I agree Best Buy is the place to be."

Cummins (NYSE:CMI): "We urge people to buy that... the new truck builds are good and a lot of their numbers are going higher."

Halliburton (NYSE:HAL), Schlumberger (NYSE:SLB), Weatherford (NYSE:WFT): "I like Halliburton... this is one of the highlights of the whole group... SLB is going to 100...this is terrific. I really like the oil service companies... Weatherford was a breakout...it's going to 20."

Bearish Calls:

Rackspace Holdings (NYSE:RAX): "It is a very expensive stock...yours is nosebleed expensive."

Quantum (NYSE:QTM): "I think this stock has had a very big run... we need to have quality high growth without a commodity end because commodities are not working the sector...everything else is though."

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