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Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Wednesday February 8.

What Keeps Cramer Up At Night? Stocks mentioned: Darden (DRI), Whole Foods (WFM), Disney (DIS), Nokia (NOK), Diamond Foods (DMND)

Cramer complained that people on Twitter are saying he has gotten too bullish. He responded that there are things that worry him and keep him up at night, but there are great things happening to stocks as well.

The worries:

1. Possible armed conflict between Israel and Iran. Stocks may take a hit, and oil prices will continue to rise.

2. Price of gas rising. Darden (DRI) and other restaurant stocks do not perform well when gas is at $4 a gallon.

3. Taxes going up.

4. Perma-bears becoming uber bullish

5. Stocks could sell off on problems in Greece.

What is working:

1. Earnings are terrific, as evidenced by Disney (DIS) and Whole Foods (WFM).

2. Stocks may continue to do well, no matter who is in the White House next November.

3. Stocks are not that stretched.

Basically, there are things to be concerned about, but companies are reporting bullish news in the last six months, and most stock prices have not reflected that. There may be more upside for stocks ahead, although Cramer's main worry is about the conflict between Israel and Iran.

Cramer took some calls:

Diamond Foods (DMND) is having accounting difficulties and should be avoided.

Nokia (NOK): "These guys don't have a clue right now."

Disney reported a monster quarter and is worth owning.

CEO Interview: Steve Holmes, Wyndham Worldwide (WYN)

Wyndham Worldwide (WYN) reported an earnings beat and raised its dividend 53%. The stock shot up 6.1% as a result. WYN is the leading hotel franchiser, with 15 brand names and a timeshare exchange business. Since the company tripled its dividend payout a few years ago, the stock has shot up 90%. WYN has bought back 17% of its shares, $10 lower than the current rate. The stock sells at a cheap 12 times earnings, and is seeing significant momentum, even in Europe, where German travelers are still spending money. Cramer thinks WYN is a great stock that doesn't get enough attention.

CEO Sally Smith, Buffalo Wild Wings (BWLD)

Buffalo Wild Wings (BWLD) surged $12 higher in one day after a blowout quarter. Analysts were worried about chicken wing costs, but BWLD's competitors are suffering more from commodity prices than BWLD. CEO Sally Smith pointed out that 20% of revenues come from chicken wings compared to 40% a few years ago, and there are other costs that impact the business as much as the price of wings. The company beat estimates by 6 cents, with a 34.5% rise in same store sales. The company plans to open 110 new stores in 2012, for a 13.4% store growth rate. With NBA and March Madness ahead, sales of wings should be strong. The company is planning to continue expanding in airports, college campuses and in smaller towns. Social media has been good for BWLD with 6 million likes on Facebook, and BWLD is the 5th most popular restaurant chain on Twitter. Cramer thinks Buffalo Wild Wings is not an expensive stock, even after its huge gain.

CEO Interview: Joe Papa, Perrigo (PRGO). Other stocks mentioned: Johnson & Johnson (JNJ)

Perrigo (PRGO) the "king of private label" has been performing well in uncertain economic times, and is up 101% since Cramer got behind it two years ago. The company reported a 5 cent earnings beat with sales rising 16.8% year over year. However, the stock rose and then dropped after its report, and is ten points off its high. There is a concern that as the economy revs up, consumers will not need to buy store brands. Johnson & Johnson's (JNJ) many recalls were good for PRGO, but as JNJ improves, there is a chance consumers might switch back to JNJ's products. CEO Joe Papa says he is not worried, because after switching to store brands, 91% of consumers stick to these brands, even as the economy improves. While cough, cold and flu sales are down 8% for the year, this segment only generates 12% of revenues for PRGO, and Papa think the emphasis is on new products the company is releasing in the next 6-12 months. Papa says commodity costs do not have the same kind of impact on PRGO as it does on the competitors, because the company makes its own active ingredients. Cramer likes PRGO.

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Source: Cramer's Mad Money - What Keeps Me Up At Night (2/8/12)