People Who Need PPL - Cramer's Lightning Round (5/20/08)

by: Miriam Metzinger

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Tuesday May 20.

Bullish calls:

World Wrestling Entertainment (NYSE:WWE): "The stock's been knocked down... that's an opportunity …I don't watch their programs... I watch their dividend, and that I like..."
Waste Management (WMI): "I think that's a very high-quality, good growth stock."
IDEXX Laboratories (NASDAQ:IDXX): "I'm a little flummoxed that the stock's not doing that well right now…I think IDXX is a classic good name that should be bought on dips."
Marathon Oil (NYSE:MRO): "Those that insist on having refining in their operation... may I suggest Marathon. It splits the difference. They've got refining and they also have wells."
Coca-Cola (NYSE:KO): "It's very clear they've got raw costs under control… they're a great weak dollar play… a great long-term buy. You know who agrees with me? Warren Buffett."
PPL Corp (NYSE:PPL): "Let's own it because it happens to be a very high-quality, very safe utility company."
Exelon (NYSE:EXC)

Bearish calls:

Tesoro (NYSE:TSO): This business can be bad for a very long time.
Coca-Cola Enterprises (NYSE:CCE): "Why own CCE, when you can own Coca-Cola?"

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