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Lightning Round OT: Google, Kraft and More

General Mills : Cramer is bullish on GIS.

Continental Resources : At least for the short term, Cramer said this stock goes lower.

Kraft Foods : This trade-down food play is a buy, Cramer said. The company’s strong and the dividend yield is just over 4%. “I think Kraft’s a fabulous story.”

Google : This is another stock that Cramer’s worried about because it’s vulnerable to hedge-fund selling. Long term, he likes GOOG. But short term? Stay away from this stock until we’re near a market bottom.

Jim's charitable trust owns General Mills and Kraft Foods.

Questions for Cramer? madmoney@cnbc.com

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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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