Cramer's Lightning Round - BAC Is Back (7/27/09)

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Monday July 27.

Bullish Calls:

Celgene (CELG), Gilead (GILD): "Gilead is much cheaper (than Geron). Buy Celgene on any pullback, absolutely."

Arm Holdings (ARMH), Apple (AAPL): "I actually like ARMH more than RIM. This is part of the great mobile internet revolution... Why be in RIM when you can be in Apple, dropped one point today...Apple is best in show."

Bank of America (BAC): "Huge upside...they simply didn't tell a good enough story last week...at $13 is great; next stop is $18...you gotta pounce now."

Starent Networks (STAR): "Hot stock...is absolutely terrific classic case of internet mobile revolution. Moved up big but it has pulled back. Get on board and buy."

Bearish Calls:

Geron (GERN): "No not going to go there. Too speculative. Sell sell sell."

CKX (CKXE): "Too hard for me to value...too hard for everyone to value. I don't care for the entertainment business."

Thompson Creek Metals (TC): "I want you to take your money out of it...play with the house's money...on the Freeport call...the CEO talked about how bad the lithium market is, and he says it is not coming back. Take half off..."

Research in Motion (RIMM)

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Comments

[AndrewBaker:]

If Bank of America gets ramped to $18 any time soon, then I'm packing up and going home, finding a nice Caribbean island with a few sods of fertile soil and some coconut trees with bark and leaves for making a beach hut, and taking up self sufficiency living there.

Jul 29 11:08 AM

[oagfy:]

Does Thompson Creek Metals really work with Lithium ? I thought it was Moly??

Jul 29 11:40 AM

[mrxg4:]

Cramer is a joke. This is the same guy who, back in April, said he didn't like Apple at $125 because he felt it was overpriced. Now he loves it at $160.

What a crock of sh*t!

Jul 29 04:40 PM

[Analyst's a...:]

80% of analysts have changed their opinions since April on many stocks...therefore Cramer is no better or worst than the herd!!


On Jul 29 04:40 PM mrxg4 wrote:

> Cramer is a joke. This is the same guy who, back in April, said he
> didn't like Apple at $125 because he felt it was overpriced. Now
> he loves it at $160.
>
> What a crock of sh*t!

Jul 29 09:43 PM

[Analyst's a...:]

Start packing...your'e on your way! and try to grow a variety of veggies for a balanced diet.


On Jul 29 11:08 AM AndrewBaker wrote:

> If Bank of America gets ramped to $18 any time soon, then I'm packing
> up and going home, finding a nice Caribbean island with a few sods
> of fertile soil and some coconut trees with bark and leaves for making
> a beach hut, and taking up self sufficiency living there.

Jul 29 09:46 PM

[Crude Oil T...:]

Copy this post and put it on the wall, just a reminder for when the Financial's are finally forced to digest the real loses. And all Cramer does is force a bunch of retail customers into losing positions. Did he cover how to manage their stops while he was at it. If you are a retail investor reading this I'll do for you what Cramer won't, watch this video on placing and managing stops > tinyurl.com/mpuf9x

Jul 29 11:58 PM

[vloscomp:]

Does this mean that PMT will be the next 10 baggers? Anyone has any comment on PMT?


Things change, and if you want to be an investor then learn to change.


On Jul 29 04:40 PM mrxg4 wrote:

> Cramer is a joke. This is the same guy who, back in April, said he
> didn't like Apple at $125 because he felt it was overpriced. Now
> he loves it at $160.
>
> What a crock of sh*t!

Jul 30 12:01 PM