Cramer's Mad Money - Abbott's Own Personal Bear Market (5/19/09)

by: Miriam Metzinger

Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Tuesday May 19.

Bullish Calls:

Abbott Laboratories (NYSE:ABT): "I was like, suicidal today... I cannot take Abbott Labs... you cannot be serious that this stock can go down so often!... That this is the highest-quality pharmaceutical company in the country... it's got a very good growth rate... the best of the major Pharma... and yet, it's in its own personal bear market... Try to be patient, but I refuse to sell it, because it's too darn cheap!"

Cisco Systems (NASDAQ:CSCO): "Below $17, I'm a buyer... above $20, we're going to rethink it... but it's really inexpensive..."

Federal Realty Investment Trust (NYSE:FRT): "Frankly, the stock has been bad... but it does yield 5%, and the yield is safe."

Bearish Calls:

Smith Wesson (NASDAQ:SWHC): "No, no, no, no... we are bearish on that... Sell, sell, sell!... the whole gun trade is over... let's not even go there."

Macerich (NYSE:MAC): " I think the dividend is pretty small there... you know, it's a real estate investment trust... we are very, very suspicious of the group."

Gamestop (NYSE:GME): "I actually think the GME sales have not been that good... sell, sell, sell."


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