>> caller: whoo, booyah coming at you, jim. >> hump day booyah to you, my friend. >> caller: all right. i want to start a small position. >> i'll go with that. i have been on the fence. but i think with lennox coming down i think you're fine. taking one more. i'm going to anibal in florida. >> caller: hey, jim. booyah from beautiful orlando, florida. >> oh, man, i love orlando. wish i was there right now. what's up? >> caller: hey, man, i'm so excited i feel like break dancing right now. >> really? >> caller: yeah. hey, my stock cmls. >> cumulus, i'll tell you, cumulus is coming back. but i like sirius satellite. that's the one i want you in. that's the conclusion, ladies and gentlemen, of the lightning round. >> announcer: the lightning round is sponsored by td ameritrade. >>> coming up, tequila time. the holidays are here, and that means presents, decorations and lots of booze. americans bought almost $20 billion worth of liquor this year, but could a stiff drink lead to a solid return? cramer gets in the spirit with the founder of avio when he got goes off the tape. ♪ >>> sometimes

booyah. >> booyah, gary. >> caller: this is gary ward from indianapolis, indiana. i'm a first time caller and a long time viewer and i thank you for all your help. >> you're welcome. i'm glad you called. >> my question is when is it advantageous to purchase preferred stock over common stock or vice versa? >> preferred, i like to use when i see the yields be well in extreme, well in excess of what i can get from a risk free treasury and at the same time, it's safe. that's when i use preferred. common stock on, i'm trying to get capital appreciation and capital preservation. there are two very different things. preferred is a fixed income instrument where i can pick up extra yield than i can get from treasuries. dave. >> hi, this is dave in sunny california. >> excellent, dave. what's on your mind? >> how do you come across a company that's a growing company, they're doing all the right things for investors to go from a nasdaq pink sheets to the otc market to the new york stock exchange? >> this is all an odds game, sir. they didn't get to the pink sheets or go into

can i go to john. >> caller: booyah cramer from sweet virginia. >> beautiful there. i wish i were there right now. what's up? >> caller: here's the question. i have been very fortunate thanks to you and i have done my research. i'm back to even. i retired at 62. i have a portfolio that i'm really pleased with and now my question is how do i -- in retirement, how do i protect it? because i don't feel like i need to amass it. i just need to protect it so i have been doing my homework and i came up with two options and i wanted to get your read on them. >> sure. >> caller: one is these bond funds that are paying 7 3/4 and when you dig in them there's a few bonds but a lot of derivatives and other stuff. that's one option is these bond funds at 7 3/4 with a monthly pay out which will help my income flow and the second is these life insurance products that cap the down side and the upside so you really can never lose your portfolio but, you know, you can be limited to 1% one year. >> no, you never want to cap your upside. i think you should try to find yourself a bond fun

>> caller: booyah, jim, from atlanta, georgia. >> man, i watch a lot of s.e.c.is week, and you have got it going down there. >> caller: it was exciting, wasn't it? >> it was a miraculous weekend. >> caller: my stock is rite aid and since the stock is up as much as it already is this year, where do you see it going from here, and do you think there is a possible buyout coming up? >> i don't think there is a buyout, sir. i think you're doing this on earnings. i think rite aid has made a fantastic comeback with fantastic merchandising. the stock periodically gets ahead of itself. it jumped up to 6. it can pull back to 5.5. it remains one of my strongest buys. i like that whole industry, believe it or not, you can buy walgreens, cvs or rite aid. they're all good stocks. rite aid is the most speculative, but a really, really good situation. all right. and then there were five. the dow losers. now only two of them are actually down. i do see one winner, exxon can be bought. the others, they got to shake it up. stay with cramer. >>> it is time. it is time for the "ligh