Cramer's Lightning Round - EOG Resources Is Worth $50 More (1/4/12)

Includes: ACC, AMD, EOG, HAL, T, VLO, VZ
by: Miriam Metzinger

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

Bearish Calls:

EOG Resources (NYSE:EOG): "EOG is worth $50 more than it is currently selling for. I want to buy it, and with both hands."

American Campus Communities (NYSE:ACC): "That is a great stock. It has had a great run, and I think it's still got a decent yield. I would not sell that stock. I would hold onto it and buy more if it goes under a 4% yield."

Halliburton (NYSE:HAL): "...because you mentioned long-term, I endorse it...but short-term the shooting between these two guys (with Transocean) is a nightmare...but long-term Halliburton is going to be fine."

Verizon (NYSE:VZ), AT&T (NYSE:T): "It is okay to take a little off the table, but if you do, I would roll some into AT&T. I like Verizon."

Bearish Calls:

Advanced MicroDevices (NYSE:AMD): "I see no reason to own AMD."

Valero (NYSE:VLO): "I'm not crazy about refiners now...but it has a 3% reason to sell it now...wait until it goes higher."


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