Seeking Alpha
Profile| Send Message|
( followers)  

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Tuesday July 21.

Bullish:

Starbucks (NASDAQ:SBUX), McDonald's (NYSE:MCD): "I think that (CEO Howard) Schultz has gotten it together...he's got the gross margins going up, a whole bunch of product offerings. I am a buyer of Starbucks, but I'm not backing away from McDonald's."

Nike (NYSE:NKE), Lululemon Athletica (NASDAQ:LULU): "I prefer Nike and even Lululemon is better than Under Armour."

Huntington BancShares (NASDAQ:HBAN), First Merit (NASDAQ:FMER): "HBAN at 3.70 is good. This is my speculative bank stock. First Merit is also good."

Nucor (NYSE:NUE): "It's being good to everybody. I would not sell a share. If it falls to 40, I would buy more. Nucor is the reigning king of steel in the world."

CVS Caremark (NYSE:CVS), Express Scripts (NASDAQ:MDRX), MedcoHealth Solutions (NYSE:MHS): "I like CVS very much. I think CVS is very well run, but I prefer Express or Medco. CVS is the dominant drugstore chain in America"

Travelers Insurance (NYSE:TRV): "I prefer Travelers (to AllState). It has been stuck in the mud at $40. I'm a Travelers guy."

Bearish:

Under Armour (NYSE:UA): "I'm torn. Love the product, but the company has no momentum I prefer NKE, and Lulu is better than U.A."

AllState (NYSE:ALL): "I like their quality product...but I'm a Travelers guy."

IMAX (NYSE:IMAX): "I think it's high. It's made its move. Sell, sell, sell!"

American International Group (NYSE:AIG): "No AIG is a big sell...it brings in even more suckers.. I want you to sell it and sell it and sell it again."

Cedar Fair (NYSE:FUN): "I don't deserve to be able to comment on it...I blew it. I thought they were going to maintain that dividend..I didn't get it right. It was no FUN for me."

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

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

Source: Cramer's Lightning Round - Nucor Is the Reigning King of Steel (7/21/09)