Cramer's Lightning Round - Say 'No' to Gold for Now (3/17/11)

by: Miriam Metzinger

Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Thursday March 17.

Bullish Calls:

Boeing (NYSE:BA): "You want to own BA...I think BA is a buy, buy, buy... remember it has a big cycle ahead of it... that is going to be terrific."

McDonald's (NYSE:MCD): "Oh boy I think Skinner [CEO] is going to do a great job... that stock is at $73, yields 3.3%. I would like to get it at 4% but I don't think it will get there. I give it a triple buy right here."

Verizon (NYSE:VZ): " I recommended it Wednesday night... it is up a dollar, yield 5.5%. I think they are doing fabulous...I did a piece about how Veizon has picked up a huge amount of share. I think it is a buy right here."

Apple (NASDAQ:AAPL): "I'm not a seller of Apple, I am more inclined to buy it...the stock is going to be stuck here, tech is not right... but I do like Apple."

Kodiak Oil & Gas (NYSE:KOG): "I would buy... a lot of people are worried... they think it is a head and shoulder chart. I am not worried. I like it."

AT&T (NYSE:T): "I like AT&T... it is a classic case of what I want to own... is it as good as Verizon? No. Is it safe? Yes. I prefer Verizon at $35 to AT&T in the mid 20s. If AT&T goes to $25, it would be a total gift."

Bearish Calls:

Golden Star Resources (NYSEMKT:GSS): "I am not recommending gold stocks here... I said you should buy them from January for a trade and let them move up and let them come in...we took some profits...there will come a time when I will tell you to buy gold stocks... it is not that time."

Iconix Brand Group (NASDAQ:ICON): "Look I'm reeling... Nike reported a really terrible number... it has taken down the apparel companies... it will probably take down Iconix too. We are going to hold on that."

Seabridge (NYSEMKT:SA): "Too speculative right now...we are letting these gold miners come in...they are going lower...this is not the time to buy."

MedcoHealth (NYSE:MHS): "... lost big contract I didn't like it...we sold it...we don't like that situation... we don't like reading about a major client getting rid of it, so we decided it was time to sell Medco."


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