Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Wednesday January 14.
Joy Global (JOYG): “I think it’s dirt cheap. I prefer to buy it at a 4% yield under $20…let’s wait till the stock comes down…”
Wal-Mart (WMT): "The only retail I’m recommending in this whole great nation is Wal-Mart…I will not buy another retailer.”
Bebe (BEBE): “Bebe is a trading stock..I liked it at $5…we’ll buy it again. Remember, retail is just a trade except for Wal-Mart.”
Spartan Stores (SPTN): “No, the only retail I’m recommending in this whole great nation is Wal-Mart…I will not buy another retailer.”
Norfolk Southern (NSC), CSX (CSX): "No, I'm not recommending any of the rails. Even though they're at their lows, they're too levered to commodities and autos."
Procter & Gamble (PG): “I think it’s going to have just a so-so quarter…I think it is a second half of 2009 story…I would be very careful after their report. I think this stock could go to $55.”
Manitowoc (MTW): “No. This is a crane play and there are too many Cranes. I’m not the least bit interested in buying MTW. Sell, sell, sell.”
Halliburton (HAL): "I think HAL is a sale. I think natural gas is going to $4, maybe $3. That means HAL is going to have things really bad.
Delta Airlines (DAL): “Listen, I never recommend an airline stock on this show…Delta might be the only airline to really have a good balance sheet…if someone put a gun to my head, I’d say buy Delta…but don’t buy, don’t buy.”
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