Cramer's Lightning Round - Daktronics Down in the Dumps (4/7/09)

A recap of Jim Cramer's lightning round session of his Mad Money TV Program, Tuesday March 7.

Note: There will be no recap published on Thursday April 9.

Bullish Calls:

Abbot Laboratories (ABT): "I prefer Abbot Laboratories (to Teva)."

Yahoo (YHOO): "I'm going to give their new CEO a chance. I'm betting with her and saying buy, buy, buy. "

Bearish Calls:

Focus Media (FMCN): "I used to recommend that one, but I cannot do that anymore. It's too risky for me."

Apogee Enterprises (APOG): "It worked in the past, but it's not working now. I'd want to buy that one a lot lower."

Teva Pharmaceutical (TEVA): "I'm not going to fight you on it. I think it's a good situation, but I'm not going to rave about it because I prefer Abbott Laboratories."

Daktronics (DAKT): "This stock is down in the dumps. Even where it is, it can still go lower."

Boeing (BA): "No, I'm concerned about Boeing. I don't like the competition, I don't like the airlines, I want to stay away."

Time Warner (TWX): "Time Warner is going everything right, but in the end it just doesn't matter. It's media, and media is in a permanent bear market. I can't get behind it."

Zolteck (ZOLT): "Oh man, the only thing that has going for it is a nice chart. I'm steering clear of that one."

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

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

Comments

[kagame:]

Yeah FMCN is reallly risky here near its 52 wk low, with a pending merger making it worth double its current price.

Especially compared to when it was trading at absurdly high multiples and about to crash.

Cramer is such a joke with these weak calls.

Apr 08 04:20 PM

[User 320097:]

zoltek has no C


On Apr 08 04:20 PM kagame wrote:

> Yeah FMCN is reallly risky here near its 52 wk low, with a pending
> merger making it worth double its current price.
>
> Especially compared to when it was trading at absurdly high multiples
> and about to crash.
>
> Cramer is such a joke with these weak calls.

Apr 09 07:33 AM