Cramer's Lightning Round - The Bears Waterboard Qualcomm (6/11/09)

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

Bullish Calls:

Boeing (BA)

Yahoo! (YHOO): "I do know very strongly that Carol Bartz the CEO of Yahoo has been doing a housecleaning, doing everything right… I remain a buyer of Yahoo."

eBay (EBAY): "We had some really good comments today by Donahue the CEO of eBay Inc. saying that he sees a turn there."

Agnico-Eagle Mines (AEM), Eldorado Gold (EGO)

Ford Motor (F): "I happen to think the world of Al Mulally; I think he is doing an unbelievable job... I would prefer to buy the preferreds of Ford…Ford is a good one on the pullback… remember they did a gigantic equity offering at $4.34, so maybe we need it to come in a little bit more before we buy more."

American Tower (AMT)

Qualcomm (QCOM): "It preannounced a better-than-expected quarter.. the bears held it down all day… it was like they were holding it under water… it was really scary… it was like they were water boarding the darn thing… I think that Qualcomm goes higher."

Bearish Calls:

Haynes International (HAYN): " We had a great run, that came back.. this is an aerospace play and a chemical play… I have to tell you that I think that we are going to have to see Boeing (BA) rally before this one goes up."

Newmont Mining (NEM): " I do not like the fining costs in Newmont, it is not my favorite

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::

Seeking Alpha publishes a summary of Jim Cramer's stock picks every day including: Mad Money Recap, Lightning Round and his Stop Trading! Picks.

Get Cramer's Picks by email-- it's free and takes only a few seconds to sign up.

Seeking Alpha is not affiliated with Jim Cramer, CNBC or TheStreet.com

Comments

[Philip Cohen:]

Cramer said: “We had some really good comments today by Donahue the CEO of eBay Inc. saying that he sees a turn there.”

You mean to say that anyone is still listening to anything that this idiot Donohoe has to say? I’ll put my money on another decrease in revenue in Q209. And, Cramer is obviously on the eBay payroll.

Can this “turkey” Donahoe survive another Xmas, that is the only question that the market should be interested in.

Jun 12 08:38 AM

[exodusfromebay:]

Booya!!

Cramer, I have a lot of respect for you, but if you are buying into anything Donahoe has to say, you have gone off the deep end on this one.

Look at the fundies. Bad leadership is key here.

Seriously, get a grip. Don't spout the eBay party line. You'll loose you audience in a heartbeat. We ain't buying Donahoe's BS.

Jun 16 02:05 PM

[Patricia013:]

"eBay (EBAY): "We had some really good comments today by Donahue the CEO of eBay Inc. saying that he sees a turn there."

I agree with the others, Cramer, you are ruining your reputation by listening to Donahoe. Nothing Donahoe has said in more than a year now has made any sense! My respect in your knowledge of the market has gone right down the toilet!

Jun 16 02:49 PM