Jim Cramer's Mad Money Lightning Round, 11/30/07: Abbott and Cost-Cutter

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Friday November 30. Click on a stock ticker for more analysis:
Bullish calls:

Abbott Laboratories (ABT): 'It's just a great company. ... It's got great drugs and great diagnostics. ... You know I like diagnostics for the show cause I talk about them all the time.'
Southern Copper (PCU)
Freeport-McMoRan (FCX): 'It's got gold, it's got copper.'
Nordstrom (JWN): 'Everyone is saying high end is bad. If the high end's bad, how come Costco had a great quarter? ... I would buy JWN.'
Annaly Capital Management (NLY)
Anadarko Petroleum (APC): 'These [APC, XTO, APA] are just great well-run oil and gas plays, and I'd recommend them to anyone.'
Apache (APA)
Devon (DVN)
XTO Energy (XTO)
American Standard (ASD): 'They've done the restructuring. ... This thing can't stay independent -- it's too good a business.'
Trane (TT)
Northern Trust (NTRS): ' … the two [NTRS and STT] best-run financial institutions in the country. ... Go read their presentations ... I want to recommend Northern Trust up here.'
State Street (STT)

Bearish calls:

Infinera (INFN): ' I don't want to be in this, another digital optical play.'
E*Trade (ETFC): 'The fact that I ever at any time thought positively about it was just wrong, and I just think E*Trade is a loser. Period. End of story.'
Anthracite Capital (AHR): 'That's a residential REIT. ... just buy Annaly. I'm sorry I can't be more positive.'

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Comments

[jess]

Wrong Cramer, AHR isn't a residential reit.