Cramer's Lightning Round - Getting Out of Line (4/2/09)

by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Thursday April 2.

Bullish Calls

Nordic American Tanker (NYSE:NAT): "You get a gigantic yield, it is thirty bucks and a great balance sheet."

Chicago Bridge & Iron (NYSE:CBI): "Down here, I would willingly buy CBI. It is very cheap. It is my least favorite infrastructure play, but down here I cannot recommend selling that stock."

Kinder Morgan Partners (NYSE:KMP): "I am going to send you to Kinder Morgan...holding in there at an 8.8% yield."

Cummins (NYSE:CMI): "Making a comeback. That is a very late cyclical play. Very cheap, up 2 bucks today...yes at this point you can probably buy that's 3 points down 10 up."

Yahoo (NASDAQ:YHOO): "I would not recommend this stock because of (a deal with) Microsoft...they have a new CEO. Carol Bartz is money...I would not sell Yahoo now that Carol Bartz is running it...I would give her 9 months..I think she is terrific."

Bearish Calls:

Plum Creek Timber (NYSE:PCL): "You got a local company. I'd rather have higher yielder. I am gong to send you to Kinder Morgan...holding in there at an 8.8% yield."

Hartford Financial Services Group (NYSE:HIG), Lincoln Life (LNC): "No I have to tell you is a very speculative stock...Lincoln National downgraded today I think their policies will pay off but I don't want to own their stocks."

Dryships (NASDAQ:DRYS): "Now that it's in default sell sell sell."

Linn Energy (LINE): "No...the collapse in natural gas has made this....I cannot get behind that. Everyone of these natural gas stocks I do not trust."


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