Cramer's Lightning Round - The World's Best Long-Term Play on Gold (1/4/11)

by: Miriam Metzinger

Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Tuesday January 4.

Bullish Calls:

NovaGold (NYSEMKT:NG): "It had a big rally... it is now pulling back. It is a stock which is a long-term call on gold. I would buy some right now...and buy more later...NovaGold is the best long-term play on gold in the world. I kid you not."

Fluor (NYSE:FLR): "...that is down 3 points because of an Australian problem...that is a much better buy than KBR."

Prudential (NYSE:PRU): "I like Prudential even after the run."

Dendreon (NASDAQ:DNDN): "We care about where the stock is going, not where it has been. It is a very controversial stock. It has incredible breakthrough medical technology. When it comes to prostate cancer, I think you should hold onto the stock. I would not be a seller."

Motricity (MOTR): "This is a stock that is suffering more than any I have seen in a long time from insiders being unlocked and able to sell stock. It is putting a lid on it. I think Motricity should be bought. It is an integral part of the mobile internet tsunami."

Molycorp (MCP): "You are doing the right thing. That is exactly what I want with Molycorp (sell half, and let the other half of the position run)."

Bearish Calls:

KBR (NYSE:KBR): "I like infrastructure, but KBR has had a big run."

Diana Shipping (NYSE:DSX): "I still do not want to own companies levered not to worldwide freight ....but to the amount boats make on a day basis. There are too many ships, and that is why I can't recommend that stock."

RLI Corp (NYSE:RLI): "Insurance company, not a bad one...I like Prudential."


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