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

 |  Includes: AGO, LYG, MON, NGG, PAYX, WTW
by: Miriam Metzinger

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

Bullish Calls:

Paychex (NASDAQ: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 (NYSE: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 (NYSE: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 (NYSE: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 (NYSE:LYG): “I will not recommend any British bank and Royal Bank of Scotland tells you why…”
Assured Guaranty (NYSE: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.”

Seeking Alpha publishes a summary of Jim Cramer's stock picks every day including: Mad Money Recap, Lightning Round and his Stop Trading! Picks.

Get Cramer's Picks by email-- it's free and takes only a few seconds to sign up.

Seeking Alpha is not affiliated with Jim Cramer, CNBC or