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Lightning Round: Cisco, Smith and Wesson and More

Smith & Wesson : Cramer is bearish on this company, there's nothing cooking in the gun play, he says.

Macerich: Cramer is entirely suspicious when it comes to real estate investment trusts. The only stock Cramer will reccomend is Federal Realty, with a good yield.

Abbot Labs: The highest quality pharma company in the country, it's in a bearish cycle that's got Cramer bothered, but he still thinks the stock is cheap.

Cisco: Cramer thinks it's been oversold. Below $17 he's a buyer, above $20 he'd suggest looking in to a change of strategy.

Gamestop: Game sales have not been very good, and Cramer thinks Gamestop is a played-out name. Don't buy.


Cramer's Charitable trust owns Abbot Labs and Cisco.

Call Cramer: 1-800-743-CBNC

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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