Cramer's Lightning Round - I Have Confidence In AIG (5/30/12)

by: Miriam Metzinger

Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Wednesday May 30.

Bullish Calls:

American International Group (NYSE:AIG): "...I want to buy AIG. I have confidence in that."

Anheuser-Busch (NYSE:BUD): "I like BUD here. I think it is a terrific situation ... although it does have some international exposure."

Amarin (NASDAQ:AMRN): "A nice spec. I like biotechnology. It doesn't have economic exposure."

Bearish Calls:

Qualcomm (NASDAQ:QCOM): " a great play off of Apple, is inexpensive. But people want dividend, they don't want Europe, and QCOM is not there for the play."

Ctrip (NASDAQ:CTRP): "Sell...we don't like China...way too dangerous."

Hartford Financial (NYSE:HIG): "It is very cheap (but Cramer prefers AIG)."

Ship Finance (NYSE:SFL): "...dangerous business...this one just spiked."

Midstates Petroleum (NYSE:MPO): "It is too dangerous. Oil may be going to $80. I think it is stopping here...but if the dollar goes higher, they are going to take oil to $80, and then that stock goes lower."

Wolverine World Wide (NYSE:WWW): "There is a shoe bull market, and Wolverine is very much a part of it. Why am I not saying buy, buy, buy? Because it has had such a run and I want to wait for a pullback."


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