Below are the stocks Jim Cramer discussed during his "Mad Money" "Lightning Round" on CNBC Thursday night. He says if you own Motorola ( MOT), "you are one lucky son of a gun." And if you own Cisco Systems ( CSCO), you are in good stead. Microsoft ( MSFT) is now moving higher and Cramer said that Cisco will "be last to move (higher), but move it will."
'The Lightning Round'
Cramer also was bullish on Intel ( INTC), Fortune Brands ( FO), Cisco Systems ( CSCO), Dick's Sporting Goods ( DKS), National Oilwell Varco ( NOV), Public Service Enterprise ( PEG), Dominion Resources ( D), Stride Rite ( SRR), GlobalSantaFe ( GSF), PetroChina ( PTR), Chemed ( CHE), Wyeth ( WYE), CMGI ( CMGI), XTO Energy ( XTO), IntraLase ( ILSE), Canon ( CAJ), Best Buy ( BBY), Skyworks Solutions ( SWKS), and Con Edison ( ED).
He was bearish on: St. Mary Land & Exploration ( SM), NutriSystem ( NTRI), Au Optronics ( AUO), OmniVision Technologies ( OVTI), Affymetrix ( AFFX), ViroPharma ( VPHM), Dynamic Materials ( BOOM), Dycom Industries ( DY), Affiliated Computer Services ( ACS), Ansys ( ANSS), Meridian Resources ( TMR), Quanta Services ( PWR), Gentex ( GNTX) and Presstek ( PRST). Cramer also pointed to eight worst of breed stocks that could work under the right conditions. They are: Rite Aid ( RAD). If we ever catch a flu outbreak -- along the lines of a pandemic -- this stock is for you. Ditto Tenet Healthcare ( THC). If enough people get sick, even this stock could do well. Doral Financial ( DRL). If the Federal Reserve ever stops raising rates, even this lowly Puerto Rican bank could make you some money. Agco ( AG). When the cycle is strong, even these guys can't be denied, Cramer said. AK Steel Holding ( AKS). The worst of the steel stocks, Cramer said, even move higher when steel spikes up. Southern Peru Copper ( PCU). Cramer called this stock the worst of breed writ large. But even these guys can make money when copper is at astronomical levels. Alon USA ( ALJ). Totally cheap, Cramer said. And even it works when the refinery cycle is on fire. Parker Drilling ( PKD). It must be some environment for rigs, Cramer said. Even this one goes up. Cramer's point in looking at these worst-of-breed stocks is that some times it makes sense to own certain stocks in certain situations. Even the worst-of-breed stocks have their days. But these are stocks that are only for a trade. When the cycle is hot, even the worst of breeds can catch a bid.