Cramer's Lightning Round - Otter Tail Is Behind (12/18/08)

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Thursday December 18.

Bullish Calls:

Travelers Companies (TRV): “They’re clean, they’re good.”

Bearish Calls:

Otter Tail (OTTR): “We decided the windmill play got a bit heated…we sold that and never looked back.”
Gannett (GCI): “Total red flag. I don’t want to own any newspaper whatsoever.”
Prudential (PRU): “I’m not recommending any insurance companies anymore with the exceptions of Travelers and Chubb.”
Apple (AAPL):” …There are rumors about Steve Job’s health…Mac sales are weak. I am not a buyer of Apple

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Comments

[BMWTwisty:]

"There are rumors about Jim Cramer’s honesty…his ethics are weak. I am not a believer of Cramer"

2008 Dec 19 10:25 AM

[Rollo:]

Cramer recommended Apple at 176 after which is plummeted. NOW he says he can't recommend it!!!!! A dart board would make better recommendations than that.

2008 Dec 19 01:52 PM

[Sat:]

Jim you recommend Apple at 175-180. When it comes down you say "buy BUY BUY". Now you are not a buyer of Apple. This is not the only stock you have done this with. Maybe you just like to see people churn their portolio.

2008 Dec 19 03:16 PM

[zorrow:]

Apple is a stock that doesn't pay a dividend so its going to experience a higher beta. It is a technology stock that depends on the vaguely perceptible future, again contributing to high beta. Finally, Apple is entwined with the mystique of Steve Jobs. His health is an unknown which also contributes to a high beta. If you invest in these kinds of stocks, even if blessed by Cramer, then expect a bumpy ride.

2008 Dec 21 10:33 AM

[Colts47630:]

Cramer's a monkey. He's just as bad as those emails you get pumping up stocks so they can cash in when everyone buys it and the the email sender cashes out and makes a fortune. You can do as well, if not better than Cramer, using the journal as a dart board.

Jan 21 09:24 PM