Cramer's Lightning Round - Why Buy The Poor Man's Caterpillar? (1/30/12)

by: Miriam Metzinger

Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Monday January 30.

Bullish Calls:

Caterpillar (NYSE:CAT): "...I want to buy Caterpillar."

Under Armour (NYSE:UA): "I liked that quarter...that was very good because of innovation and compression...and all those products coming out."

IBM (NYSE:IBM): "I think it goes higher, the numbers are doable...IBM is doing everything right. That was a monster quarter and they will deliver another one."

Annaly Capital (NYSE:NLY): " has a higher yield and is higher quality than any other stock in that space."

Neutral Call:

Qualcomm (NASDAQ:QCOM): "It should be good, but I want to see what they say...I want to see the quarter."

Bearish Calls:

Terex (NYSE:TEX): "Why should I buy the poor man's Caterpillar when I can buy Caterpillar?"

Polycom (NASDAQ:PLCM): "It was a bad quarter...we got crushed on this one...don't buy...too risky."

Northern Oil & Gas (NYSEMKT:NOG), EOG Resources (NYSE:EOG), Continental Resources (NYSE:CLR): "Everyone wants me to recommend NOG...the higher quality plays are EOG and Continental, but these stocks need to come down before I pound the table...these have gone up huge...when oil is down, we may pull the trigger."


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