Cramer's Lightning Round - Weight Watchers a Slim Chance (1/20/09)

Stocks discussed in the lightning round session of Jim Cramer's Mad MoneyTV program, Tuesday January 20.

Bullish Calls:

Paychex (PAYX): “You are absolutely right, it has a 5% yield…it needs strong employment to make a lot of money…the cash rate is so low and obviously unemployment is an issue..I would buy it on the way down and would pull the trigger here.”
National Grid (NGG): “I’ve always been a big believer in national yield. I wish the yield were bigger. I’d buy some here…I think utilities are right in a slow down…I want you to buy on the way down.”

Bearish Calls:

Monsanto (MON): “No we had that gain I recommended that trade…I don’t look back when I have that kind of gain. I want you to move on.”
Weight Watchers (WTW): “I would tell you it is a good long term story, but I would not get behind it right now because it doesn’t have a yield and is not necessarily recession resistant. It doesn’t work for me right now.”
Lloyds (LYG): “I will not recommend any British bank and Royal Bank of Scotland tells you why…”
Assured Guaranty (AGO): “At first blush.. I don’t want to own if it, but I find anything that changes my mind about that I will let you know.”

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Comments

[User 265729:]

"...It doesn’t work for me right now.”

Perhaps CNBC could merge with the Food Network...

Cramer's catsup soup will be a great hit.

Jan 21 09:02 PM

[Norman Lepo...:]

What happened to the momback on MON at 110?
Cramer should be off the air forever!

Jan 22 10:26 PM