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Lightning Round: Garmin, eBay, Moody's and More

Manitowoc : The whole group is getting killed, but Cramer thinks MTW may have come down enough where it could be bought. Talk of recession absolutely murders this stock, though, so tread carefully.

Bank of America : Cramer said he thinks the yield is safe but he stopped short of recommending the stock. Hudson City Bancorp is the only bank he's sure of for this climate.

Garmin : It was a trade going into Christmas, Cramer said, but its time has passed. "The Garmin trade is over."

Akeena Solar : This solar name is "too hot to handle," Cramer said. His favorite solar stock is still First Solar , even though it's sinking like a stone. Wait a couple days and start to build a position in FSLR, he advised.

Aluminum Corp. of China : Cramer is steering clear of this – and most – Chinese stocks. His Four Horsemen of China remain: Baidu.com , China Mobile , PetroChina and Focus Media .

eBay : PayPal alone is worth $15, according to Cramer. He thinks eBay is undervalued but admits he's been wrong on the stock in the past.

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  • 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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