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Jun.05
7:04 PM ET
Thursday, 5 Jun 2008
Lightning Round: Wachovia, Corning, Ambac and More

Zale [ZLC  Loading...      ()   ]: “I don’t want to own Zales.”

Wachovia [WB  Loading...      ()   ]: “I still cannot recommend Wachovia Bank.”

Plum Creek Timber [PCL  Loading...      ()   ]: “I’ve always like Plum Creek Timber.” Cramer said PLC makes a good dividend yield play.

Ambac Financial [ABK  Loading...      ()   ]: “That is one nauseating stock.” Cramer said he couldn’t be more bearish about ABK, or peer MBIA [MBI  Loading...      ()   ], than he already is.

Vaalco [EGY  Loading...      ()   ]: Vaalco’s a buy with oil prices at $127 a barrel.

Himax Tech [HIMX  Loading...      ()   ]: Go with Corning [GLW  Loading...      ()   ] instead, Cramer said.

Jim’s charitable trust owns Corning.

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