Cramer's Lightning Round - Qualcomm Is Killing Me (12/23/09)

by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Wednesday December 23.

Bullish Call:

Qualcomm (NASDAQ:QCOM): "Maybe the most frustrating stock I own. It is kiling me. It should be moving up. I think it is going up in 2010. I am not giving up on it."

Advanced MicroDevices (NASDAQ:AMD): "Is a win... if you bought at $ can take some off and play with the house's money."

National Fuel Gas (NYSE:NFG): "The stock has appreciated so much the yield is not great, so wait for it to come down before you pull the trigger."

Rowe Price (NASDAQ:TROW): "I like TROW better than I like AB."

Marathon Oil (NYSE:MRO)


Big Lots (NYSE:BIG): "We rejected it. We were wrong...the quarter was a big one...I have lost my right to opine on it because I have been too wrong...others know this better than I do."

Bearish Call:

Alliance Bernstein (NYSE:AB): "I like AB very much, it's good..but it ain't going to get to the Superbowl. I like TROW better than I like AB."

Sunoco (NYSE:SUN): "I have been disappointed in the fact they have eliminated the dividend. They have a new CEO. She is terrific. I think SUN could be a big stock next year. But don't pull the trigger yet. I'd buy Marathon."


Seeking Alpha publishes a summary of Jim Cramer's stock picks every day including: Mad Money Recap, Lightning Round and his Stop Trading! Picks.

Get Cramer's Picks by email-- it's free and takes only a few seconds to sign up.

Seeking Alpha is not affiliated with Jim Cramer, CNBC or