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Lightning Round: Bank of America, Qualcomm, Wendy's and More

Bank of America : BAC is a buy, Cramer said.

Qualcomm : Cramer is bullish on QCOM.

Citigroup : Citi works as a speculative play, Cramer said. He recommended the stock at $4.10.

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Wendy’s/Arby’s Group : Cramer likes WEN.

Innophos : Cramer likes IPHS and its 3.2% dividend yield. He endorsed Olin and it’s 5% dividend yield, too.

QLogic : Cramer is bullish on QLGC, as well as NetApp and EMC in this space.

Amgen : Don’t buy, Cramer said. Go with Gilead Sciences instead.

Fuqi International : Cramer said he needed to do more research on FUQI before making a call on the stock.

Activision Blizzzard : Stay away from ATVI, Cramer said. He doesn’t like the video-game business right now.

Smart Balance : Buy Smart Balance, Cramer said.

Leap Wireless :Verizon is a better stock, Cramer said. He endorsed Windstream as well.

SAIC : There are better defense companies to own, Cramer said. He’d rather see investors in FLIR Systems , ArcSight and NICE Systems .

Syniverse Holdings : Cramer is bullish on SVR.

Cramer's charitable trust owns Bank of America, Gilead Sciences and Qualcomm.

Call Cramer: 1-800-743-CNBC

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