Cramer's Lightning Round - Cramer Goes LULU (3/30/09)

by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Monday March 30.

Bullish Calls:

Lululemon (NASDAQ:LULU): "I was shocked that LULU had such a good quarter last week… but then again the expectations had been removed so low, that I shouldn’t have been... I think that it is a great growth story. It has just had a very big move, and I would not buy it until it pulled back at least $1.50."

KBR (NYSE:KBR): "The stock has been really stuck here, to be honest. I think that KBR is an excellent infrastructure play. The whole group has come down. I would pull the trigger right here at $13."

Altria (NYSE:MO): "I do like Altria if it pulls back to $15, and I would buy some more."

Cemex (NYSE:CX): "This is a very tough one… it is very challenged balance-sheet wise. The largest cement company around the world, and we do not need a lot of cement ... I would sell, sell, sell it."

Altria (MO): " I do like Altria if it pulls back to $15, and I would buy some more."

Copart (NASDAQ:CPRT): "If I'm going to be in the auction business, I want to go with my old one, Copart, which is under $30."

Monster Worldwide (NYSE:MWW): "I think that company is too cheap. It is priced for people never having getting a job again. I am a buyer of Monster down here… don’t go crazy, don’t go crazy. The quarter is bad… I believe."

Bearish Calls:

Philip Morris International (NYSE:PM): "My guy Sid at the newsstand is saying that he doesn’t think that anyone is going to pay $8 for a pack of cigarettes… that worries me."

Arch Coal (ACI): "....He (The President) is really hell bent against coal, so I think that coal is going to be a challenged fuel, and I am not getting behind it on the show… no way."

Ritchie Brothers Auctioneers (NYSE:RBA)

Breitburn Energy (BBEP): "Worried, worried, worried… don’t trust the yield… don’t want to be in that particular energy stock."

MEMC Electronics (WFR): "People say that the chart looks good. I am more concerned about the fundamentals…they make chips for solar. I remain a bear, because I think that that business is not coming back without big government subsidies, and we don’t have enough money to subsidize anything anymore."

AutoNation (NYSE:AN): "Boy, anything remotely connected to autos completely worries me. But if you ask me in that comparison, I like AutoNation, but I am still not going to recommend the stock."

Comcast (NASDAQ:CMCSA): 'I am recommending no cable companies. I don’t like the titanic battle between FiOs and Comcast. I think that Comcast is inexpensive, but I can’t think of a catalyst to buy it… don’t buy, don’t buy...too much competition."


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