AT&T for the Long Distance
Cramer welcomed AT&T (T Quote) CFO Rick Lindner to the show and asked him how the company is able to build out its network, put more money into AT&T Wireless and increase its dividend, all at the same time. "First of all, we've done three large acquisitions in the past three years," which have given the company "tremendous opportunities for merger synergies," Lindner responded. "And those synergies are driving double-digit growth." On top of that, AT&T is not just a cost reduction story, he went on to say. The company also has "some exciting new products coming" and great growth in wireless and data services. Cramer said that although he does not often recommend long-term stocks, he thinks people "can buy AT&T and put it away." He advised people to buy it because it has a "great" yield and is a "well-run" company. To view Cramer's interview with Rick Lindner, please click here.Sudden Death
During the show's "Sudden Death" round, Cramer was bullish on Ceradyne (CRDN Quote), Union Pacific (UNP Quote) and Goldman Sachs (GS Quote); he owns the last two for his charitable trust. He was bearish on Jefferies (JEF Quote) and Force Protection (FRPT Quote).Lightning Round
Cramer was bullish on Saks (SKS Quote), Sprint Nextel (S Quote), GlobalSantaFe (GSF Quote), Transocean (RIG Quote), Halliburton (HAL Quote), Logitech International (LOGI Quote), Dean Foods (DF Quote), Genzyme (GENZ Quote), Gilead (GILD Quote), Celgene (CELG Quote), Walter Industries (WLT Quote), Baxter International (BAX Quote), Bard (BCR Quote), MasterCard (MA Quote), Emerson Electric (EMR Quote), Parker Hannifin (PH Quote), Illinois Tool Works (ITW Quote), Vail Resorts (MTN Quote) and Regal Entertainment (RGC Quote).Want more Cramer? Check out Jim's rules and commandments for investing from his popular book by clicking here.
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