Mad Money Lightning Round: Cramer Advises Investors To Buy Peabody Energy (PG, RTN, ARRS, BTU, TRGL, NG, PAY, CSCO, EMC, MDT, GGC)

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Procter & Gamble (NYSE: PG) is “at a level that I'm really interested in. You need to buy in at the right level and get out at the right level. I'd pull the trigger."

For Raytheon (NYSE: RTN), he said, "I think you wait a couple days, then ring the register on half your position. The markets are worried about President Obama's defense spending cuts."

Cramer said that Arris Group (NASDAQ: ARRS) is “just too inconsistent” for him.

For Peabody Energy (NYSE: BTU), he said, "I think coal is in a multi-year bull market. I'm a believer."

Jim believes that Toreador Resources (NASDAQ: TRGL) is a “really good stock.” He added, “I'd buy some right here."

For NovaGold Resources (AMEX: NG), Cramer said, "The gold stocks are marking time. I like it very much; I'd buy more on a pullback."

Jim said that VeriFone (NYSE: PAY) is a “good stock and I think it goes higher."

For Cisco Systems (NASDAQ: CSCO), Cramer said, "I do not care for Cisco. I can't dump it at $17 but you'd be better off owning a EMC (NYSE: EMC) than a Cisco."

Jim said that he “missed the move in Georgia Gulf (NYSE: GGC).” He added, “I can't come in here. I need to wait for a pullback."

For Medtronic (NYSE: MDT), he said, "There's nothing special there. It's probably three up and one down. If that's good enough for you, go for it."

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