Cramer's Lightning Round - Drowning Your Sorrows in Diageo (11/21/08)

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Friday November 21.

Bullish Calls:

Gentex (GNTX): “I’m with you on this…it’s more than just automotives and has been brought so low. This is a classic example of a stock that is trading so close to the cash that I can’t resist it anymore…I say pull the trigger.”

Consol Energy (CNX): “These are not going to go bankrupt… I would not support shoring coal stocks down here.”

Diageo (DEO): “This stock was at 50… this stock has gotten ridiculously cheap … 5.6% yield. Enough is enough. We are pulling the trigger.”

Terra Nitrogen (TNH): “If you want to play fertilizer the name is Terra. It’s got that yield …I don’t like them…they have been down so much…I’m starting to reconsider.”

Bearish Calls:

CF Industries (CF): “…sell sell sell.”

Sun trust (STI): “Don’t pull the trigger…It didn’t distinguish itself. This is a risk-taking sun Trust..Can we do without the banking group for a couple of days? sell sell sell.”

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Comments

[D-D:]

I am curious to know if any financially-depressed folks are consuming
expensive brand liquors like Johnny Walker Scotch from Diageo.

2008 Nov 23 11:41 AM

[Pessimistic...:]

No Johnny but I do quaf Guinness regularly. The preferred method:
double pour just proud north of the rim

2008 Nov 30 11:12 PM