Cramer's Lightning Round - Don't Throw Away Waste Management (3/13/09)

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Friday March 13.

Bullish Calls:

Freeport McMoRan (FCX): "This stock has now more than doubled since they cut their dividend. It is now up more than 9 points since they did the secondary offering to clean up their balance sheet… copper is over $1.60... China is ordering… what is not to like?… I still like FCX."

Joy Global (JOYG): "It is the coal company...I think that the stock is so dirt cheap that I am going to continue to pound the table to buy Joy Global… the Chinese are ordering equipment… it is a good company."

Accenture (ACN): "This is probably the level at $30. I think that this is a terrific company that is going to be a big beneficiary of the collapse of some other IT company in India… and I like your thinking… you have got horse sense."

Sealed Air Corp (SEE): "Sealed Air has almost a 4% yield. It is a well-run company. At $12, 52 week low, give or take $2, I will go with you It is probably over sold… I think I want to buy some."

Waste Management (WMI): "Let’s buy some WMI. Mr. Steiner [CEO] is a great man. He has returned a lot of capital to shareholders. I think that yield goes to 5%, 4.83%."

Foster Wheeler (FWLT): "I don’t want to tell you that I feel great about it because the quarter was so bad, but I ain’t selling Foster Wheeler. I think it goes to mid $20’s. I am sticking with it."

Bearish Calls:

Home Inns & Hotels (HMIN): "We are not going to recommend… I tell you next to airline stock we are not going to recommend any hotel stocks."

Fortune Brands (FO): "The company has missed numbers, missed numbers. Everyone thinks that that yield is in terrible trouble. [CEO] Mr. Carbonari has not been able to turn this company around."

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