Cramer's Mad Money - Cogo a No-Go (6/8/09)

Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Monday June 8.

Bullish Calls:

Nordic American Tankers (NAT): "I continue to think that this is my favorite way to play the oil tanker market… I am not deviating."

ArcSight (ARST): "When computer software security comes on the show… I pull the trigger, I think that that is a good one… I think that that whole business en fuego."

Otter Tail (OTTR): "Yeah, this is a great wind play… it is a great play on energy… it has got a good yield, I am surprised that it has gone all the way down."

ADC Telecommunications (ADCT): "I would rather be in ADC Telecommunciations(rather than Cogo Group) as a way to play China."

Boeing (BA): "People do not think of it as defense… they should… Boeing at $52 is still a buy."

Con Edison (ED): "I like it, I like the 6% yield…they got no cap-n-trade problem, they got no beef with Obama… that might be good enough at this point."

Bearish Calls

Southwest Airlines (LUV): I will never, ever, ever, as long as I have this show recommend an airline stock in America… that is not going to happen."

AeroVironment (AVAV): "We took profits in that, and then we did not like the quarter."

Cogo Group (COGO)

Callaway Golf (ELY): "All I can tell you is that to me it is a flat liner from way back… I see no catalysts to buy it… I am not going to pull the trigger."

Telecommunication Systems (TSYS): "Uh, telecommunications systems… I am not a believer… I think that you ought to just cut you losses in that one."

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Comments

[dragonpaw:]

Mr. Cramer is a Wall Street schill of the highest order: his former cohort (Kudlow) is but one step better. No wonder we're in the sorry state we find ourselves.

Jun 09 09:13 PM

[Ellito:]

Who's going to defend BA when the unions want to
choke it time after time ?
Don't forget GM was like that before.
Don't get sucked by Jim.

Jun 10 05:50 AM