Cramer's Lighting Round - Visa Is Not a Play on Credit (6/3/09)

by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Wednesday June 3.

Bullish Calls:

First Solar (NASDAQ:FSLR): "I do like First Solar. They do not need government subsidies. it is a $180 stock so... buy 2 shares, buy 3 shares"

KBR (NYSE:KBR): "I think it is a better buy...a good balance sheet like Shaw, but a better book of business."

Tellabs (NASDAQ:TLAB): "I like Tellabs. It has a $4 book, a lot of cash on hand and is waiting for the cycle. I think it is a solid are dead right."

Visa (NYSE:V): "It has had move, but remember; it is a play on papter to plastic. It is a play on debit cards...this is not a play on credit, it is a play on the way we process money."

Bearish Calls:

Suntech Power (NYSE:STP): "I am not a believer in owning these individual Chinese solar stocks."

Monsanto (NYSE:MON): "I was disappointed with the quarter, was not good. There is a lot of action in soybeans, but I'm taking a pass.'

Cameco (NYSE:CCJ): "No we're not going there. It is nuclear...there will not be a new nuclear power plant built in this country in the next 10 years"

Tenneco (NYSE:TEN): "I normally would have loved it...the part that you own is auto parts, and I am not getting behind auto parts in this economy."

Shaw Group (SGR): "We like Shaw, and it is dirt cheap, but it always stays dirt cheap...I still recommend KBR....I think it is a better buy."


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