Jim Cramer's Mad Money Lightning Round, 1/2/08: Farewell, Wells Fargo

by: Miriam Metzinger

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Wednesday January 2. Click on a stock ticker for more analysis:
Bullish calls:

Consol Energy (NYSE:CNX)
Raytheon (NYSE:RTN)
Citigroup (NYSE:C): 'I think Vikram Pandit [CEO]... will undo virtually everything that Chuck Prince... did to that company …you've got $3 down and $10 up …But! The $3 down?... They're happening first.'
St. Jude Medical (NYSE:STJ)
Becton Dickinson (NYSE:BDX)
Banco Santander (STD): 'This company is so well-run that I think it will do great. I want to stick with STD, but the upside may be capped, because Spain has a very similar housing situation developing to ours... and that worries me.'
Onyx (NASDAQ:ONXX): '…something that really works for kidney cancer... something that works for liver cancer... At $55, I still think it would be right for the Germans to buy up the rest. I have to tell you... I think that ONXX could still double from here!... without the darn Fed!'
ITT (NYSE:ITT): 'This is an incredibly well-run company … It's down $2 bucks today. I say we pull the trigger. I say we buy and stay with ITT!'

Bearish calls:

Allegheny Technologies (NYSE:ATI): 'I don't like ATI here. I think there's going to be a lot of competition coming in. The Russians are going to start shipping a lot of titanium. I say ATI... be careful.'
Thomson (TOC): 'I don't like, frankly, that part of the business anymore, which is the business behind the scenes, providing data and things like that.'
SanDisk (SNDK): 'I don't want to be there. They're too crowded. We want to be proprietary, not commodity. I say - sell, sell, sell!'
ev3 (EVVV): 'Why should we go - in a medical device company - there, when I've been recommending St. Jude at $40.'
Pitney Bowes (NYSE:PBI): 'That last quarter was so noxious that I hesitate to swim in that Love Canal … I need to see not one, but two, good quarters before I pull the trigger on PBI.'

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