Date updated:01-17-2008
Jim Cramer looked at some of the names in Fidelity's newly reopened Magellan fund on CNBC's "Stop Trading!" segment Monday. "I've known Harry Lange for close to 20 years. ... He's a fabulous manager," Cramer said. What's more, "Harry's names are so right given the selloffs that we've had."

-
NOK
Nokia Cp Ads - $12.94
- -3.50%
- $13.26
Cramer believes one of the fund's names, Nokia (NOK), is underrated. "Nokia just went down ... under a misperception that it was getting killed. Nokia is the winner."

-
GOOG
Google Inc. - $587.51
- -0.40%
- $590.98
Cramer added that search behemoth Google (GOOG) is "just resting" ahead of its earnings report.

-
GOOG
Google Inc. - $587.51
- -0.40%
- $590.98
Cramer added that search behemoth Google (GOOG) is "just resting" ahead of its earnings report.

-
GLW
Corning Inc - $17.82
- +3.60%
- $17.21
Of Corning (GLW), Cramer said "Everyone is panicking." Cramer owns Corning for his charitable trust, Action Alerts PLUS.

-
SPLS
Staples - $23.95
- -2.00%
- $24.32
Cramer couldn't get behind all of Magellan's names, however. "The one that is the true glass-half-full for him and half-empty for me is Staples (SPLS). I just don't like retail at all."
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A. people seem to have forgotten about
christmas here..historicly between the
end of sept and beginning of dec there
is always a pick up in hiring of jobs.
maybe not last due to the fact we were
in a huge panic and companys were
cutting jobs like crazy , so the small
christmas hiring did not help much. the
nubers will be better due to the
christmas hiring..u want to be long here
not short. then in jan u will see all
these people that were hired get laid
off.the nuber is going appear better
till year end then in the first friday
of feb u should see an increase in the
number,and thats going to shock these
idiots that don't get the hiring trend.
A. The only one I own : SLX,
too hard pick a winner out all of them
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