Lightning Round: AMD, Anadarko, Costco and More

Advanced Micro Devices : “I think AMD goes up,” Cramer said.

Anadarko Petroleum : Cramer likes APC’s mix of natural gas and oil. He called it “the stock hybrid to own.”

Costco : Costco's stock has been struggling but Cramer's sticking with this retailer, he said.

IMAX : Cramer likes IMAX as a play on 3-D movies.

ARM Holdings : ARMH is a buy, Cramer said.

Yahoo! : Based on earnings alone, Cramer can't get behind Yahoo!. But he does CEO Carol Bartz, and he thinks she'll lead this $18 stock to $20.

Carrizo Oil & Gas : Cramer likes Carrizo, but he's worried about it's exposure to natural gas right now. Anadarko is probably a better play, he said.

Merck : This is the wrong part of the economic cycle to own Merck, Cramer said.

Exelon : Exelon is an "excellent utility," Cramer said. He thinks investors should hold onto the stock if they own it.

Murphy Oil : Cramer is bullish on MUR. He like its mix of oil and gas assets, and he said it could climb another $4 to its 52-week high.

Cramer's charitable trust owns Costco.

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