Cramer's Lightning Round - RIM Has Got the Mojo (9/14/09)

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Monday September 14.

Bullish Calls:

Tenet Healthcare (TNH): "I think the hospitals are in the sweet spot they are the winners under Obama. They are a protected class."

CenturyTel (CTL): "I am a believer in that 8 percent yield. I think you are in good hands."

AMD (AMD), Nvidia (NVDA): "I say you go with AMD right here. My second choice would be Nvidia."

Yamana Gold (AUY), Eldorado (EGO), Agnico Eagle Mines (AEM), SPDR GoldShares (GLD): "AUY is too cheap. You know I like Ego and AEM. And GLD remains my favorite."

Research in Motion (RIMM), Apple (AAPL): "I've been on the Apple horse. RIMM has got the Mojo. I think you've got a winner, but I still prefer, even right here (52 week high), Apple."

Whirlpool (WHR): "Looks like it can put in price increases, has a booming business in Brazil. I say you get 9 more points."

Dominion (D): "I think your dividend is safe. They have a mosaic of non carbon burners."

Sinovac (SVA): "I think they've got a good story to tell. I usually don't like Chinese specs, but they have a good story."

Bank of America (BAC): "I'd rather see you in BAC (than Ocwen)."

Emdeon (EM): " I think there is $2 more to make. I would buy, buy, buy Emdeon."

Bearish Calls:

Rambus (RMBS)

Ocwen Financial (OCN): "I've not been a fan."

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Comments

[WWA4:]

Propelled by H1N1 SVS and apt are on their ways to blow through 20 within 3 months.

Sep 15 08:30 AM

[brewer:]

RIM has no hope long term over iPhone. Their attempts to copy it so far have fallen far short. And using a Blackberry is like taking a trip back in time to the 90's once you try the iPhone.

Sep 15 11:35 AM

[Cramer #1:]

Bernake see recession over.....But run up is over also...LOL

Market correction on the way....

Bernanke declares 'recession is very likely over': BUT Good run is "OVER"!!!

Bernanke declares 'recession is very likely over'
Unfortunately, unemployment will come down only slowlyExplore related
topics
Industrial, Equipment Banks Story
By Greg Robb,
MarketWatch
WASHINGTON (MarketWatch) -- Federal Reserve Board Chairman Ben
Bernanke said Tuesday that the recession has ended -- at least based
on the numbers.


"From a technical perspective, the recession is very likely over at
this point," Bernanke told a conference at the Brookings Institution.
But "it's still going to feel like a very weak economy for some
time,"
he added.


Bernanke said there is a risk that labor markets will remain weak
through 2010 because growth will be too anemic to create jobs.
Bernanke noted that many economists now expect the labor market to
recover slowly.


Unfortunately, unless the economy can manage growth stronger than its
long-term trend rate, "unemployment will be slow -- slow to come
down," he said. "It will come down, but it may take some time."


After acknowledging that economic forecasting "is not one of your
most
precise sciences," Bernanke said most forecasters think economic
growth in 2010 will be moderate because of "ongoing headwinds,"
including financial and credit problems, sectoral adjustments in the
economy, the desire of families to pay off debt, and the need for the
federal government to restrain its spending.


Bernanke also expressed confidence that Congress would complete work
on new rules for Wall Street.


Many analysts have raised doubts that Congress could grapple with
reforming the health-care system and the financial system this year.
But Bernanke said he didn't share this doubt.


"I am quite confident comprehensive reform will be coming," Bernanke
said.


One of the reforms that's needed is to provide some way to unwind big
financial institutions "in a way that would impose market discipline,
impose losses on creditors, but would avoid the disorderly chaotic
type of collapse that we saw with Lehman a year ago."


The bulk of Bernanke's remarks was devoted to a defense of the
response from the Fed and its global partners to the financial
crisis.
Read his prepared remarks.


Bernanke said global regulators acted swiftly in the wake of last
September's financial crisis and succeeded in bringing the global
economy back from the brink of collapse. There is no longer
widespread
fear of a financial collapse and economic activity is leveling out,
he
said.


Bernanke's prepared remarks were similar to a speech he gave in
August
at the Fed's annual retreat in Jackson Hole, Wyo.


Since the August remarks, Bernanke was reappointed by President Obama
to a second four-year term at the helm of the central bank.


Greg Robb is a senior reporter for MarketWatch in Washington.

Sep 15 12:25 PM

[Talavera:]

I am buying 2000 shares of sva monday.

Nov 15 02:41 PM