Cramer's Lightning Round - No to NOV (4/27/09)

|
Includes: AGCO, COP, CRM, D, ED, EPD, FDP, HSY, INGR, JNJ, LINEQ, NOV, PCL, PPL, SLB, TNH
by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Monday April 27.

Bullish Calls:

Corn Products International (CPO): "I think that this is a cheap stock. I want to buy CPO. I think that it is a good value right here… I would not get rid of it."

Enterprise Product Partners (NYSE:EPD): "...is really, really a dynamite play which was reported today.

Salesforce.com (NYSE:CRM): "It is always expensive… but the CEO, Mark Benioff, is really about the best CEO in the world...anybody who wants to take a risk and own a technology stock with great growth should pull the trigger CRM."

ConcoPhillips (NYSE:COP), Schlumberger (NYSE:SLB): " I am going to send you an integrated natural gas company like ConocoPhillips ... if you want to own a driller, drilling service, I have to send you back to Schlumberger. I still think those stocks are overvalued."

Consolidated Edison (NYSE:ED), Dominion (NYSE:D): "Why not go with ConEd at 6%… also Dominion Resources Inc."

Terra Nitrogen (NYSE:TNH): "It is at $129 and it is the only ag stock that I am getting behind."

Hershey (NYSE:HSY): "...released earnings last week that were a thing of beauty, and then suffered thru a downgrade that was miserable and raw. I think that HSY is the food stock to own right here because it has got the genuine momentum."

Bearish Calls:

Johnson & Johnson (NYSE:JNJ): "People want to own more economically sensitive stocks.. it has got a 3.7%, 3.8% yield. I would not ever sell this. If you have a longer term approach I would not sell it."

Plum Creek (NYSE:PCL): "I am surprised that the yield is not good enough."

Linn Energy (LINE): " I am marveling that at $3.20 that any of these natural gas companies can make money...so I am saying don’t buy."

National Oilwell Varco (NYSE:NOV): "Nobody liked the quarter last week, I am surprised that anyone did think that they would like it."

PPL Corp (NYSE:PPL): "That yield is just okay."

Agco (NYSE:AG): "Frankly I am not a big believer in the ag stocks."

Fresh Del Monte (NYSE:FDP): "Why risk it? Why not go with the guy who released earnings last week that were a thing of beauty, Hershey?"

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