Cramer's Lightning Round - Deere In The Headlights (3/7/12)

by: Miriam Metzinger

Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Wednesday March 7.

Bullish Calls:

EOG Resources (NYSE:EOG): "...I want you to own EOG, which is down... it is a buy, buy, buy."

SPDR Gold Trust (NYSEARCA:GLD): "Go with the GLD... It is the only ETF I recommend on the show."

Baidu (NASDAQ:BIDU): "Baidu is the only Chinese stock I recommend... Google (NASDAQ:GOOG) ceded China to Baidu."

Interactive Brokers Group (NASDAQ:IBKR): "I tend not to recommend that group because they are not doing well... but that one is swell. It has a great dividend."

Bearish Calls:

Deere (NYSE:DE): "I can't believe how poorly that stock is... it's down... I can't countenance selling it. If it goes back to where it was before the quarter, I would sell it. DE Is not well-run, but they make great machines."

Avon (NYSE:AVP): "They did declare the dividend... they are going to have a new CEO... I liked it at $22. I didn't like it all the way down, but my judgment is called into question on that one."

Barrick Gold (NYSE:ABX): "...I think ABX is a swell company, but the stock is down compared to GLD."

Hess (NYSE:HES): "I think it is poorly run. I don't want you to own it."

Dell (NASDAQ:DELL): "It is cheap and is moving in the right direction. It only moved down $1 after the quarter. I would hold it, but I would not buy it."

Corning (NYSE:GLW): "I remember when the CEO came on and said everything was good, but it was really bad, and that left a bad taste in my mouth. I know it is so low people think they should buy it, but I need something better than that."


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