Cramer's Lightning Round - I'm Starting To Believe In Walgreen (10/23/12)

by: Miriam Metzinger

Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Tuesday October 23.

Bullish Calls:

Walgreen (WAG): "I'm starting to become a believer. I know the numbers weren't good, but Express Scripts is coming around, and I was in my WAG the other day, and it looks very good."

Lorillard (NYSE:LO): "I hate to endorse smoking, but I will endorse that smoking stock, because it has come down so much, and I want to be a buyer."

Visa (NYSE:V): "It's good short and long term. This is a great investment, because it is a play on (the transition from) paper to plastic going on around the world."

OraSure (NASDAQ:OSUR): "I'm surprised the stock is not doing better because its HIV test is in the stores, but we need to see the earnings. I'm not going to give up on that."

Huntington Bancshares (NASDAQ:HBAN): "That is a regional bank that is doing everything right. May I just add that these banks hold up better than most, and the ones that are down that had good quarters should be bought here."

Bearish Calls;

AK Steel Holding Corp (NYSE:AKS): "No. Sell, sell, sell."

OmniVision Technologies (NASDAQ:OVTI): "You don't want to be in that. OVTI is another stock that has been hit by the vicissitudes of technology."

Ferrellgas Partners (NYSE:FGP): "No. Price wars abound in that industry."

Dell (DELL), Nokia (NYSE:NOK), Research in Motion (RIMM): "Dell? Sell, sell, sell. Nothing proprietary there. And the same goes for Nokia and Research in Motion."


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