Cramer's Lightning Round - Missing the Boat on Nordic American's Dividend (5/18/09)

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Monday May 18.

Bullish Calls:

ConocoPhillips (COP): "ConocoPhillips with a 4% yield, it is actually very undervalued… it is the company that I think is most forward looking in the business, because it has a giant natural gas exposure courtesy of the buy of Burlington Resources not that long ago...pull the trigger right now and you will not regret it."

Caterpillar (CAT): "I am a buyer of CAT even up here… why, because of international growth."

CBRL Group (CBRL): "...has a better earnings profile (than Pantry), and I like the restaurant business, and gasoline has peaked for the year."

Allscripts (MDRX): "...that stock is on the move again… because the President is deeply committed to that healthcare reform, but I do not want you to be greedy… you are now up 33%… I want you to schnitzel 33% of that… but I do bless it from a fundamental side because of the President."

Nordic American Tanker (NAT): "I think you did not, I mean that I need to double check it, I do not believe that you got the dividend… I will say this, that Herbjorn Hanssen (the CEO) has put up a spirited defense, of which we join him…"

ISIS Pharmaceuticals (ISIS): "I think ISIS is a legitimate spec… and I would buy the stock because I think that we are in a very, very strong market."

Bearish Calls:

Allos Therapeutics (ALTH): "That is a heavily speculative situation… it may pay off, it may not… we need some time for that small cell molecule biotech… I am willing to go with it only for spec."

Pantry (PTRY): "...a couple of years ago it missed the quarter, never really recovered in my book."

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