Cramer's Lightning Round - Stan O'Neal Wrecked Merrill Lynch (11/17/08)

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Includes: AEE, AET, CAG, CBI, CPB, DUK, FRO, GIS, MER, NAT, TAP, WY
by: Miriam Metzinger

tocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Monday November 17.

Bullish Calls:

Weyerhaeuser (NYSE:WY): “They are breaking it up into a lumber trust. I think its okay…its okay for heaven sake…I’m just stunned by how bad stocks are.”

Nordic American Tanker (NYSE:NAT): “I’m recommending NAT right here…the Baltic Dry Index has actually been good for a couple of days.”

Duke Energy (NYSE:DUK)

Molson Coors (NYSE:TAP): “That was one of nine stocks that actually had a good-looking chart …that stock is the stock I want to buy right here.”

Campbell Soup (NYSE:CPB)

General Mills (NYSE:GIS)

Bearish Calls: 

Aetna (NYSE:AET): “ No no no no we don’t like the managed care business…We’re not going to buy anything in that industry especially with Obama in the White House…”

 Merrill Lynch (MER): “ I will say this:  Stan O’Neal wrecked that company…what they did with that company...that is a great American company and they destroyed it.. and where is the investigation on them?”

Frontline (NYSE:FRO) “I have switched, and the only one I am recommending is NAT…”

Chicago Bridge & Iron (NYSE:CBI): “They missed the quarter really, really badly someone just ought to go buy every one of these… I’ve never seen an entire industry become dead beat like this.”

Ameren Corp (NYSE:AEE): “A little too aggressive …I’m sending you to Duke.”

ConAgra Foods (NYSE:CAG):  “I got a dozen food companies doing well…and you come on with the one food company I’m not interested in.”

 

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