Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Thursday December 8.
Bullish Calls:
Johnson & Johnson (JNJ): "I think you are fine. I don't care for the management because of all the recalls. With a 3% yield and lots of drugs in the pipeline, it is fine for this environment."
Nike (NKE): "...we are going to Nike because they boosted the dividend and it is solid..."
Novagold (NG): "You are rolling the dice...it is a good hold on gold...this is a good long call on gold."
Unilever (UL), General Mills (GIS): "I'd rather be in General Mills (than Sara Lee) or Unilever."
Intel (INTC): "I've got Intel down very big...terrific yield...3.5%...Intel is the way to go."
Bearish Calls:
Lululemon (LULU): "...it is a tough environment. Nike is my play for that area."
Sara Lee (SLE): "I need growth. I don't get growth from SLE."
Titan International (TWI), Ford (F): "We got some good news in auto...Ford gave us a dividend of 2%...but this market has gotten too hard for autos. We have to see the Euro situation calm down...it is putting a cloud over auto stocks (the caller asked about TWI)."
Micron (MU): "No."
Freeport McMoRan (FCX): "Is the best of breed, but there is a problem. If we get a slowdown in Europe, it is going to see $34-35."
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