Seeking Alpha
Profile| Send Message|
( followers)  

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Friday December 10.

Bullish Calls:

Cree (NASDAQ:CREE): "Finally people are coming to Cree...it's lights on, not lights out...I think Cree's a better play."

Caterpillar (NYSE:CAT): "I think Caterpillar is going to $100...I think it is going higher!"

Baidu (NASDAQ:BIDU): "As Mao would say, don't buy our stocks except for Baidu.com."

Cliffs Natural Resources (NYSE:CLF): "Cliffs is a great stock. It can go to $160...this is a China play, it is an iron ore play. It has been one of my favorites...I want you to stick with it...you can even buy it."

Bearish Calls:

Nanometrics (NASDAQ:NANO): "You've got the forest through the trees. If you want LED, you want Cree."

L&L Energy (NASDAQ:LLEN): "A Chinese play...no, we're not there at all."

Scientific Games (NASDAQ:SGMS): "We're not a buyer of that...it's a shrinking market...don't buy. Take advantage of that little move up and exit."

Teva Pharmaceuticals (NYSE:TEVA): "...has finally gotten some good news and was able to rally...all the big sellers are done...it was a formulation of a new drug...I will say 'don't buy,' because that stock is beaten up, and yet it still has a lot of negatives to it. You don't need to sell if you own it, but I don't think Teva is as exciting a story as when I first got involved with it."

F5 Networks (NASDAQ:FFIV): "I bless taking some profit in F5. It was added to the S&P 500, so you got that phony kind of buying. Let's take some off the table. We got a monster move...bulls make money, bears make money, hogs get slaughtered, and I've been a pig."

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::

Jim Cramer was up 31% in 2009. Click here now to sign up for Jim's Action Alerts PLUS and trade alongside him. Special discount for Seeking Alpha users.

Get Cramer's Picks by email - it's free and takes only a few seconds to sign up.

Source: Cramer's Lightning Round - Cree Turns On the Lights (12/10/10)