Cramer's Lightning Round - Kinder Morgan a Kinder, Gentler Stock (11/12/08)

 Stocks discussed on the Lightning Round segment of Cramer's Mad Money program, Thursday November 12.

Bullish Calls:

Qwest Communications (Q): "As long as you realize you're speculating, I'll endorse that one.”

Verizon (VZ)

Allscripts Healthcare (MDRX): "I wasn't crazy about the quarter, but I do think it's an Obama play."

Freeport-McMoRan (FCX): "I own this one for my trust. It's down from $120 and it's the only mineral stock I'm recommending right now."

Kinder Morgan (KMI): "I'm recommending Kinder Morgan, which yields 8% and is a better run company."

Bearish Calls:

Spectra Energy (SE): "I am shocked this one yields 5%. That's why I'm recommending Kinder Morgan which yields 8% and is a better run company."

Massey Energy (MEE): "I don't like coal under Obama. I want you to scale out of anything coal. "

Scotts Miracle-Gro (SMG): "I know they just had a competitor go under, but it worries me. Let's ring the register there."

 NYSE Group (NYX): "I think their CEO is doing his best, but as it goes higher, you need to trim that position. The competition in that business is just too great."

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Comments

[sr9web:]

Ticker for Kinder Morgan is KMP

2008 Nov 14 05:38 PM

[futurestrader:]

Cramer, you really are beginning to get annoying. Just admit that you dont know what you are talking about. At least I could respect you as being an honest man, but instead you have this aura of arrogance about you when picking stocks. The funny thing is, I was watching your show a couple of weeks back, and you were going on and on about an analyst that had a buy rating on a certain stock(?), but now that it was 50% lower, changed to a sell. You kept talking about how retarded this guy was..blah..blah..blah.... MY POINT...how can you recommend NYX at $90/ share and then sell at $23, with over a 5% yield....You are smokin crack and I hope you realize that...You just need to stay away from this thing...I hope your ratings are way down because people are starting to realize that you really are just as clueless as they are

2008 Nov 18 09:10 AM

[twitee:]

I totally agree with the "Futures trader" Cramer pumped the NYX stock for weeks at $90....and even called the stock of the year...ever since he made those stupid comments many people actullay belived him on it being the Mr. know it all guy ....cramer and his hedgefund buddies have been dumping the NYX share since the $90 level...way before the current financial problems

2008 Dec 02 12:45 PM