Christmas, Philbin reassured viewers, is going to be fine. People are lining up outside stores to purchase products, he said. Americans are shopping and getting into the holiday spirit.
Philbin said he has certain stocks he's held on for a while. He asked Cramer what he should do with Time Warner (TWX Quote). Time Warner, Cramer said, had a spike recently, and that's when market players should have sold that stock. Cable is losing traction, he said, advising Philbin to sell some of it. Philbin's next stock, Advanced Micro Devices (AMD Quote), should also be sold, Cramer said. The company's problem is that it can't deliver the next chip. Cramer said he can't advise anyone to hold AMD as long as it has Hector Ruiz at the helm. When Philbin inquired about JDS Uniphase (JDSU Quote), Cramer said the stock's ticker, JDSU, stands for "just don't sue us." Sell it, he said. Cramer called Philbin's next stock, LSI Logic (LSI Quote), a "tepid buy." "It has a shot at coming back," Cramer said. However, Unisys (UIS Quote), he told Philbin, is "the house of pain." Cramer suggested Philbin buy Freeport-McMoRan (FCX Quote), McDonald's (MCD Quote) or CVS Caremark (CVS Quote), all of which he owns for Action Alerts PLUS. Oceaneering (OII Quote) is good, too, Cramer added. Cramer also recommended Transocean (RIG Quote), another charitable trust name, and said Chevron (CVX Quote) makes sense as well.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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