Cramer's Lightning Round - The Guts and Brains of Every Cell Phone (4/24/09)

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Thursday April 24.

Bullish Calls

Qualcomm (QCOM): "It is the guts, it is the brains of almost every cell phone out there. I think the quarter is real good, that is the one that I want to be in."

Lowes (LOW): "I like the mix of business with insurance and the Diamond Offshore and I think that you want to buy Lowe's right here… it has come down too much already."

Sprint-Nextel (S): "I think that Sprint Nextel is an excellent speculation buy, and I have been keeping it that way since the price of $4. I am sticking with it as a spec buy, not an investment."

Verizon (VZ), AT&T (T): "I like Verizon...AT&T."

Dominion Resources (D), Con Edison (ED): "...they both give you 6% and I do not think that they are going to have no problems with cap-n-trade."

Travelers (TRV): "I think Travelers buys the property and casualty business from Hartford (Financial Services)… and Travelers goes up huge on it."

Qualcomm (QCOM): "It is the guts, it is the brains of almost every cell phone out there. I think the quarter is real good, that is the one that I want to be in."

Bearish Calls:

Wisconsin Energy (WEC)

Hologic (HOLX): "I feel like I have got burned in Hologic. I did not like that last acquisition."

Principal Financial Group (PFG): "I have to tell you that I do not have any conviction about PFG."

Nokia (NOK)

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Comments

[chuck 2:]

How difficult is it for an "EDITOR" to list the right symbols for what someone else said? Jim never mentioned LOW, he was talking about L (insurance)

Apr 24 10:11 AM