Cramer's Lightning Round - Ivanhoe: Neither a Hero Nor a Villain (9/21/09)

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

Bullish Calls:

Wynn Resorts (WYNN): "You will be the beneficiary of the Hong Kong spinout… that is the best way to play… let’s not outthink this."

Wendy's/Arby's Group (WEN): "I think Wendy’s is a big turnaround play… I have liked it since the 4 level… and I am reiterating my buy right here."

Chipotle Mexican Grill (CMG): "I have to tell you that I think Chipotle goes higher… I absolutely think, even though it has had a big run… Chipotle is a great buy, even in the 90s."

Capital One Financial (COF): "We have been behind this stock for so long. Do you mind If I say, take a little profit. It is just too hard to get gains and to give that gain back."

Neutral:

Ivanhoe (IVAN): "If someone wants to have this as a speculative situation…I would bless it… if someone thinks that Ivanhoe belongs in the same category as an Exxon … or a Chevron or a Marathon, or a Conoco, or a Shell, you are gravely mistaken… and I want you to sell."

Bearish

Melco Crown Entertainment (MPEL): "No, no, no… we have got Wynn, we do not need go to Melco."

KBR (KBR): "Let’s take that beautiful gain and go buy ourselves a cashmere sweater."

Kroger (KR):"No, that quarter was not up to snuff… I went over that quarter with a fine tooth comb… it was disappointing… Kroger did not deliver… I am not going to get behind companies that don’t deliver."

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Comments

[herbert hoover:]

No one cares what Cramer thinks.

Sep 22 09:04 AM

[ECONOMICS 101:]

Elie Betito of Apotex and Jim Cramer of mad Money and Seeking Alpha have something in common. They can both take a gun "sorry NRA" and finely aim and shoot directly to the topic of discussion without splattering non-issues.
Elie Betito and Jim Cramer slowly read and analyze information before issuing suggestions.
Stay tuned people...

Sep 22 10:03 AM