Lightning Round: Chesapeake, Hudson City, CVS and More

CVS Caremark : Cramer said CVS is a buy here, but he likes Walgreen even more.

The Pantry :CBRL Group is a better pick, Cramer said.

Amedisys : “Too hard,” Cramer said of AMED. Don’t buy.

Smith & Wesson : The Smith & Wesson trade has come and gone, Cramer said, “and I’m never looking back.”

Hudson City Bank : “You’ll always find that on my buy list.”

Inverness Medical : This diagnostics play, along with Hologic , are starting their comebacks, but Cramer won’t recommend them just yet. Don’t buy.

Nokia : Cramer said he likes Nokia, but Qualcomm is a better stock to own.

GrafTech International : “I think it’s overdone to the down side.” GrafTech’s a buy at these levels, Cramer said.

Central European Distribution : Despite Russia’s recent scuffle with Georgia, Cramer said CEDC is OK to own.

Chesapeake Energy : “I believe that natural gas is so beaten down that you have to own a natural gas company…I think you should buy some Chesapeake.”

Zoltek : Go with Owens Corning instead, Cramer said.

Jim's charitable trust owns Qualcomm and Walgreen.

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