Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Wednesday November 16.
Bullish Call:
Snap-On (SNA): "Very consistent business, good yield. It's a buy."
Neutral Call:
Pitney Bowes (PBI): "I've got to have the company back on the show. I keep thinking the yield is a red flag. They tell a pretty good game. People say 'Cramer, don't stick with it.' I want to hear from the management."
Bearish Calls:
Wal-Mart (WMT): "That quarter was not great. I didn't think it was so bad...people should have sold it all the way down to $55-$53. I think the stock could go to $55 before it gets its mojo back."
Amazon (AMZN): "Everyone is buzzing...(that the new Kindle isn't as popular as expected)...that is why the stock is down. Let's give it a wide berth. On Thursday, Salesforce.com is reporting...that's a high multiple stock, Amazon is a high multiple stock, those stocks all trade together. Amazon is going to go down a bit before it goes higher."
Leucadia National Corporation (LUK): "Is kind of a pastiche if not a mosaic of finance. I don't know enough about what is inside it to recommend it. I think it is a black box."
Green Mountain Coffee Roasters (GMCR): "I think the sell-off was justified. I don't like the situation. Its presentations raised enough questions and those questions were not answered in the conference call."
Marathon Petroleum (MPC): "...Look out...they are about how WTI is cheaper than Brent...Brent is narrowing by the day, which means these refiners won't make money. Sell."
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