Jim Cramer's Mad Money Lightning Round, 1/17/08: A Season in Dell

by: Miriam Metzinger

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Thursday January 17. Click on a stock ticker for more analysis:

Bullish calls:

Hewitt Associates (HEW): 'It does actuary business. ... It's just kind of a good put-it-away company. Don't buy it all at once.'
Philips Electronics (NYSE:PHG): 'I like the European markets. ... This is a better stock than a lot of conglomerates I know in the United States. I would hold on to Phillips Electronics.'
Ford Motor (NYSE:F): 'The Ford preferred gives you a nice dividend ... a nice return.' Devon Energy (NYSE:DVN): 'I think people think that Lenin has come in ... to nationalize. ... I think gasoline is the fuel of the future ... I would buy on the way down. ... It has unbelievable finds in the gulf. I'm not giving up on it.'
Foster Wheeler (FWLT)
Procter & Gamble (NYSE:PG): 'They have some raw-cost concerns. ... Procter's going down. If it gets to 65 tomorrow, buy.'
First Solar (NASDAQ:FSLR): 'First Solar is a fabulous company that is highly speculative right here. ... That's how bad and nasty this bear market has become.'
PPL (NYSE:PPL): 'That is a total and unequivocal winner in a growth area. ... You've got a winner.'
Exelon (NYSE:EXC)

Bearish calls:

Dell (NASDAQ:DELL): 'I see very little upside in Dell. There's just too many players in that business. ... I can't tell you to buy or sell Dell at this level.'
Abaxis (NASDAQ:ABAX): 'No, to be very honest, I want you to take a profit. ... That group is good, but I have seen a lot of diagnostic stocks come under pressure. ... I like the business, but it's too risky to hold on to those.'

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