Yield is King - Cramer's Lightning Round (10/7/08)

by: Joan Wickham

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Tuesday, October 7.

Bullish Calls:

United Parcel (NYSE:UPS) -- “I am recommending United Parcel and that’s it. They are a better pick than Forward Air.”
Packaging Corp (NYSE:PKG) -- “Packaging is a buy. The stock might take a hit in this market, but the 5% yield is worth it.”
Dentply International (NASDAQ:XRAY) -- “This is the kind of stock I look for in this environment. Dentply isn’t economically sensitive and it’s getting cheaper."
Alliance Resources (NASDAQ:ARLP) -- “This is another high yielder – 10% -- that’s cheap. I am bullish on Alliance Resources.”

Bearish Calls:

Forward Air (NASDAQ:FWRD) -- “Forward Air is a dicey one.”
GameStop (NYSE:GME) -- “No, no, no. That trade has come and gone. I think that this is going to be a miserable Christmas and anyone that sells gaming stuff is a sell, sell, sell. "

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