Cramer's Lightning Round: Get Your Hands on Hansen (5/11/09)

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Monday May 11.

Bullish Calls:

Hansen (HANS): "I want to wait for a 3 to 5% pullback and then pull the trigger. The fundamentals are on fire."

Riverbed (RVBD): "The stock has come back… this is one of my tech faves right here, I think you make good money with Riverbed."

Schlumberger (SLB): "You are going to get a chance to buy Schlumberger in the $40’s, that is what you are going to do… you pull the trigger then."

Bearish Calls:

Robert Half (RHF): "This is one of those companies that is levered to employment growth… I do not see it. Sell, sell, sell."

Ashland (ASH): "That has gone up too far too fast."

Freeport McMoRan (FCX): "I felt that it had gone up too quickly along with copper… we are waiting for a 10% pullback before we get into FCX."

McGraw Hill (MHP): "I want to sell that, McGraw-Hill the quarter was bad."

Lowes (LOW): " I say wait till two, pull the trigger… but do not leave the table."

SLM Corp (SLM): "I do not think that there is a lot of downside but there is not upside… sell, sell, sell."

Basic Energy (BAS)

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Comments

[brokerdav/s...:]

ref fcx why now sell the put on fcx which basically get you 10% drop before you "pull the triger" but also gives you the difference if the stock does not pull back.

May 12 11:45 AM

[brokerdav/s...:]

BIO 30 years broker after 24 yrs Army. experence with the bigger and salvation with a regional. turned to options for single doubles and tripled. not too many home runs. 3 golden rules. Option buyers die.. If you don't want to lose the stock at a certain px dont write the coverd call. Same thing in reverse when writing the put. One bronze rule. think twice befor you roll the call up to keep the stock. Look for that 20 % annual return and be happy. the system works even with the regional broker commissions involved.(Imstill loyal the my last employer.

May 12 11:59 AM