Cramer's Lightning Round - The Only Solar Stock Worth Buying (6/26/09)

 |  Includes: AMD, AZN, FSLR, JBL, MGM, OXY, RMBS, WYE
by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Friday June 26.

Bullish Calls:

Jabil Circuit (NYSE:JBL): "I like it because I like tech...Dell reported a really bad number...the stock has been going up...I think that is signaling a buy in something like Jabil and I think you should buy more of it."

First Solar Energy (NASDAQ:FSLR): "If you have to own a solar stock, this is the only one I am recommending. They don't need government subsidies to make money."

AstraZeneca (NYSE:AZN): "Has a 6.7% yield...I should have been recommending it. I was worried about its cholesterol bad, your good. That's a winner. Buy AZN."

Occidental Petroleum (NYSE:OXY): "I like Oxy becuase I think oil is going to stay here or go 6 points higher. The most levered to oil of any of the majors. I think you've got a good one here."

Advanced MicroDevices (NYSE:AMD)

Bearish Calls:

MGM Mirage (NYSE:MGM): "Here's your guidance...sell, sell, sell."

Wyeth (WYE): "My least favorite drug stock and my least favorite drug combination..sell sell sell."

Rambus (RMBS): "I want you to sell Rambus...I want you to buy AMD."


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