Jim Cramer's Mad Money Lightning Round Picks 5/16
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Lightning Round stock picks from Jim Cramer's Tuesday, May 16 Mad Money TV program. Click on a stock ticker for more analysis:
Bullish calls:
Evergreen Solar (ESLR): 'ESLR has done a monster pullback, even though oil is still at $70 bucks; that makes no sense to me... I say two thumbs way up for ESLR.'
Chipotle Mexican Grill (CMG): 'undercompromise and overdeliver...this company has kept expectations low...that's what I want.'
Capital One Financia (COF): 'COF is going to expand like mad because its got the Northfolk bank load deposits.'
United States Steel (X): 'is in the midst of a monster pullback... I would buy the first piece in the mid-60s, and if it got to 64, I would double down, and if it gets to 61, you would be in heaven.'
Phelps Dodge (PD)
Alcoa Inc (AA): 'I'd rather see you in aluminum, which has come down as much as (copper), but is much cheaper.'
Alcan (AL)
Barnes & Noble (BKS): 'one of the three companies in America that has got is so that you're paying too much for a product, which I like.'
Starbucks (SBUX)
Commerce Bancorp, Inc (CBH):
BanColumbia (CIB):'has come down to $28; that's a mistake... Columbia is a fabulous, capitalist country.'
United Technologies (UTX): 'After a sell-off, there are few stocks that are at their 52-week highs. This is one of them.'
Foster Wheeler (FWLT): 'CEO Ray Milchovich is one the best turnaround artists of all time.'
Bearish calls:
Chicago Mer Exc (CME): 'Not done coming down... I see a shift in the market, toward companies that do better when short rates are going up.'
Cbot Holdings (CBOT)
International Sec. Exchange (ISE)
Goldman Sachs (GS)
Lehman Brothers (LEH)
Bear Stearns, Inc. (BSC)
Southern Copper Corp. (PCU): 'Copper has moved up huge... we have a kind of leftist vs. rightist situation in Peru, we just saw OX get the boot from Ecuador... the coppers to me are probably the most dangerous group out there... I'd rather see you in aluminum.'
Microsoft (MSFT): 'I know it's cheap on an earnings multiple at 12x earnings -the lowest its ever been...but don't buy, don't buy.'
Cisco (CSCO)
Intel (INTC)
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