Cramer's Lightning Round - The Only Financial You Can Buy (11/28/11)

by: Miriam Metzinger

Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Monday November 28.

Bullish Calls:

U.S. Bancorp (NYSE:USB): "If you need some exposure to financials, that is the only one you can own...financials are such a huge part of the S&P 500...that is the one I would buy, and that is about it."

B&G Foods (NYSE:BGS): "This is the kind of name I like. It has a great yield...raw costs are coming down. That is a great stock to own."

SPDR Gold Trust (NYSEARCA:GLD): "I like the GLD."

Ford (NYSE:F): "I think it is okay. Europe is not great for them. Commodity costs have gotten under control. I can't get excited about Ford, because of Europe, but I also think it is so cheap, it is worth holding through the slog. If Europe collapses, you will be able to get this stock for $8."

Bearish Calls:

Wynn Resorts (NASDAQ:WYNN): "I am worried about was the single worst chart (I looked at this weekend) other than regional banks...I believe in CEO Steve Wynn, but you have to sell, because it is discretionary spending."

Prosperity Bancshares (PRSP): "It has done better than most banks...but that makes it a 'don't buy.' I will not say 'sell' because Texas banks have done better than (those in) most of the country."

AuRico Gold (NYSE:AUQ), Randgold (NASDAQ:GOLD): "Here's the problem...we just saw Randgold blow the quarter. I want to reiterate, I don't like gold stocks."

Sigma Aldrich (NASDAQ:SIAL): "This used to be a great growth used to have a double digit growth rate...sell, sell, sell...the stock is expensive on a PEG (P/E divided by growth rate) ratio. I don't want to own the stock."

Omnicom (NYSE:OMC): "It is a very well-run advertising company. I'm not going to recommend selling it here. It doesn't have a good yield here, but if it fell further, it would. I want to hold that, but don't go crazy on involves a lot of discretionary spending on the part of companies."

MEMC Electronic Materials (WFR): "I recommended that, and then I had tell people to sell it, and it has dropped another 50%...sell everything solar. It's not gas, that is where the money is being made."


Jim Cramer was up 31% in 2009. Click here now to trade alongside him.

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