Cramer's Lightning Round - Bank Of America Might Be Done Going Down (10/27/11)

by: Miriam Metzinger

Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Thursday October 27.

Bullish Calls:

Bank of America (NYSE:BAC): " this point, you are back where Warren Buffett bought BAC... it is way too late to sell...I think it might be done going down."

SPDR Gold Trust (NYSEARCA:GLD): "I'd rather have you in the GLD."

GameStop (NYSE:GME): "I am worried about the long-term mobile implications. I'm worried about social media...that is going to be untethered...I'm worried that Electronic Arts didn't do the number I wanted to see...but I still think there is a good story to GME...don't get $30 sell."

Honeywell (NYSE:HON): "....everyone wants to play the 787. I would suggest you do that with Honeywell...boy, did that stock rock today."

Devon (NYSE:DVN), Statoil (NYSE:STO), EOG Resources (NYSE:EOG): "I do like Devon very much...someone is going to come in and buy that company...let me recommend Statoil...Statoil could buy Devon or EOG Resources, which should be higher."

Cummins (NYSE:CMI): "I'd rather be in Cummins...everyone's been badmouthing that stock except for moi."

Bearish Calls:

Randgold (NASDAQ:GOLD): "If I wanted to buy a gold stock, that would be the one I'd buy (but Cramer prefers GLD)."

Spirit AeroSystems (NYSE:SPR): "Why isn't that stock doing better? (Cramer recommended Honeywell instead.)"

Macquarie Infrastructure Company (NYSE:MIC): "It's had a's up too high...I don't trust it. I think you better take some profits in it...there are better stories."

American Axle (NYSE:AXL): "...that stock is dicey going down to that level...I'd rather be in Cummins."


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