Seeking Alpha
Profile| Send Message|
( followers)

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Tuesday March 3.

Bullish Calls:

BP (NYSE:BP): "… that the dividend is questionable… but I believe…they are finding more than 100% of their oil each year… and they have a lot of assets to sell… so I feel that oil at $40… I still believe in BP."

United States Steel (NYSE:X), Nucor (NYSE:NUE): "I mean look United States Steel Corp has fallen all the way down to $17. Nucor is back almost to $30…I would rather own either one of them than Steel Dynamics."

Costco (NASDAQ:COST): "This thing has fallen and fallen and fallen… I think it is intriguing at $40... I would start a position right here… it is just down too much."

Research in Motion (RIMM): "I think that I should have cut my losses in RIMM… actually I had a great game in RIMM… so my take is RIMM, I am going to own it at this level, because it is too late to sell."

Apple (NASDAQ:AAPL)

Bearish Calls:

Steel Dynamics (NASDAQ:STLD)

Aetna (NYSE:AET): "I am outraged at the Aetna management… Aetna has bought back stock, and bought back stock at really high prices… and what do they have to show for it… they should have put the money in the dividend… I think I don't want to own that."

Johnson Controls (NYSE:JCI): "Well, in the end we are hostage… that happens to be the best house but it is in the auto neighborhood… therefore, I cannot recommend the stock… I would be a sell."

Energizer Holdings (NYSE:ENR): "Not a bad stock… but I think the battery business is prone to price competition."

Starent Networks (STAR-OLD): "You know network infrastructure solutions is not going to do it for me… but the stock has had a nice little run… let’s take it off the table… it is too dicey a market."

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::

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 TheStreet.com

Source: Cramer's Lightning Round - Aetna, Sorry I Met Ya' (3/3/09)