Lightning Round: Ford, Procter & Gamble, Medco Health and More

Procter & Gamble : Cramer expects PG to find buyers around midday on Thursday, so investors might want to buy the stock ahead of that to make a profit. : The big move in this stock recently was the product of a “gigantic short squeeze,” Cramer said. He thinks the stock will drop a bit on Thursday and investors should use that dip to buy in. He said the company has “a good business model for a slowdown in Europe.”

Ford Motor : “Ford works” under $12, Cramer said.

Willbros Group :Fluor is a better pick, Cramer said, if you can get it under $45.

Atlas Air Worldwide : “Too risky,” Cramer said. He likes Expeditors International of Washington more, and his charitable trust owns UPS .

Medco Health Solutions : Cramer called MHS a “long-term great story on patented drugs going generic.”

When this story published, Cramer's charitable trust owned Medco Health Solutions, Procter & Gamble and UPS.

Call Cramer: 1-800-743-CNBC

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