Cramer's Lightning Round - Qualcomm Is Mister 4G (2/27/13)

by: Miriam Metzinger

Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Wednesday February 27.

Bullish Calls:

Amerigas (NYSE:APU): "As a dividend play it is fine. Not a lot of growth. I didn't like this niche of natural gas. I'm now warming up to it. I think you are in better shape. I'd be a buyer."

Facebook (NASDAQ:FB): "I like Facebook, but I'm getting faced on this thing. I like it in the low 20s. I like it in the high 20s. My charitable trust has been buying it. I don't know if I'm going to be right that quickly, but I like it."

Whole Foods (WFM): Cramer prefers WFM to Harris Teeter.

Qualcomm (NASDAQ:QCOM): "You've got horse sense. QCOM is in Samsung. It has all the bases covered. QCOM is Mister 4G."

Bearish Calls:

Phillips 66 (NYSE:PSX): (The caller said it is up 120% from where the caller bought the stock) "You take the half and let the rest run. I like the refiners, but I don't like greed. you are being greedy."

Baidu (NASDAQ:BIDU): "We don't want to mess with China. We don't want to mess with the Chinese because of their accounting. I'm not crazy about it."

Pengrowth (PGH): "I don't trust the oil trusts ... they have not delivered. I'm not going to go there."

Ship Finance (NYSE:SFL), Nordic American Tankers (NYSE:NAT): "SFL is too risky. I want to see if the Baltic Dry Freight goes up. I would feel better if NAT were doing better, and it is not, so I won't stick my neck out."

Harris Teeter (NYSE:HTSI): "It has had a good run. I'd rather be in Whole Foods."

Apple (NASDAQ:AAPL): "I prefer Qualcomm to Apple."


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