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Lightning Round: Michael Kors, Morgan Stanley & More

Vasiliki Varvaki | E+ | Getty Images

Get ready for the Lightning Round. Cramer makes the call on viewer favorites.

Michael Kors (KORS): Fundamentals are strong, said Cramer. But, I'd wait until the last week of December before pulling the trigger.

Morgan Stanley (MS): I'm not negative on the stock, said Cramer, but in the sector I like Wells Fargo more because it's levered to the housing market.

International Paper (IP): This is a terrific stock, said Cramer. I'd buy a small position here and then if it declines on the cliff, I'd buy more.

Yahoo! (YHOO) For the first time in ages, I feel like the company is coming back due to its new CEO Marissa Mayer, said Cramer.

American Electric Power (AEP): It's a boring stock, said Cramer, but I like its exciting yield. I'm a buyer.

Tractor Supply (TSCO): The stock got knocked down badly, but at these levels I think its ok, said Cramer. However all of retail is shaky right now because of the fiscal cliff.

Cabot Oil And Gas (COG): I think the stock is overvalued, said Cramer. In the space I prefer EQT.

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  • Showtimes

    Monday - Friday 6p ET
    Saturday 8a, 1p, 7p SYD
    Sunday 12a, 1a, 8a, 7p SYD
    New Zealand
    Saturday 10a, 3p, 9p NZ
    Sunday 2a, 3a, 10a, 9p NZ
  • Jim Cramer

    Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

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