Cramer's Lightning Round - You Don't Have To Be A Bozo To Buy Nokia (8/19/13)

by: Miriam Metzinger

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Monday August 19.

Bullish Calls:

Nokia (NYSE:NOK): "I'm not going to disagree with that. I've been recommending it at $3 and change, and everyone thinks I'm a total bozo, but I think the stock could inch up to $5, and then we are going to ring the register."

Salesforce (NYSE:CRM): "You are fine, even if this quarter isn't a blowout quarter."

Costco (NASDAQ:COST): (The caller has 25% of her portfolio in Costco) "I only countenance 20% (of a portfolio in one stock). You have to ring the register to get it down to 20%, even though my charitable trust wants to buy it. I'm looking to buy it at $110."

Bearish Calls:

Spartan Stores (NASDAQ:SPTN), AES (NYSE:AES): Cramer is bearish on these stocks.

Select Comfort (NASDAQ:SCSS): "Market leader doesn't cut it. This is a bed company. I'm not going to get behind this one. There is not a lot to like."

Himax (NASDAQ:HIMX): "Google buys a stake and everyone goes crazy. Then it has a disappointing quarter. I can't recommend it on a takeover basis if it disappoints."


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