Jim Cramer's Mad Money Lightning Round Picks 6/8
Bullish calls:
Vodafone Group (VOD): ' ... yields more than 6% ... they could pare down that debt dramatically if they were to sell the Verizon Wireless to Verizon (VZ). Remember, they own almost half of it ... Two thumbs up, way up VOD.'
Allscripts Healthcare Solutions (MDRX): 'They just won another big contract today. That stock is still rolling higher. I wouldn't sell that until it got to $20.00! Buy, buy, buy!'
Electronic Arts (ERTS)
SGL Carbon (SGG): ' ... it's speculative. I think there's actually a huge pullback in composite materials. This has been hurt by that. It is not a well-run company ... Why do I like it then? Because carbon and graphite fibers are still in a bull market.'
Walgreen (WAG): ' ... the stock spiked recently to $43 after they got that great quarter. It's still down from $49. I think that its ... in bull market mode. Not just because of Medicare part D, but also because they are ideal slow down stocks and we do believe a slow down is coming!'
CVS (CVS)
Rite-Aid (RAD)
General Motors (GM): 'They have raised $17 billion in cash; they have cut $7 billion in costs. They've got that guy York working there. I think GM is a turnaround stock, and I want to be, not just a buyer, but an aggressive buyer below $25.'
Manulife Financial (MFC)
Sears Holdings (SHLD): 'Eddie Lampert says he is about to sell stores, I believe, to JC Penney (JCP) ... He's got 3900 stores; he's over-stored. I want, even up here at $164, for people to buy SHLD, because it's not done. It be going to $200, so stay with it!'
Corning (GLW): 'I think it's done going down; it touched bottom today at around $20 a share. $20.50, then it rallied to $22. I would wait until it pulls back to $21, and then you're in good shape.'
Ameritrade H0lding Inc. (AMTD): 'I just pulled the trigger ... They came out with Jim Dandy numbers this morning - no one cared. One day, we'll care about the fundamentals again, and that stock will be 'all aboard.'
Bearish calls:
Activision (ATVI): 'I have been unwilling to pull the trigger on ATVI; I don't really care for the management.'
Broadwing (BWNG): 'It's a restructuring play. It's a billion dollar company. I still think it's on uncertain territory here, if not quicksand.
More: Cramer's latest stock picks, including: Mad Money Recap, Lightening Round, Stop Trading and his Radio Show.
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