Seeking Alpha
Profile| Send Message|
( followers)  

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Wednesday September 23.

Bullish Calls:

Spectra Energy (NYSE:SE): "Why would you sell? It's got a 5% yield. The balance sheet's good. I'm a buyer, buyer, buyer... SE?... Not hold, not sell, but buy..."

Advanced Micro Devices (NYSE:AMD), Nvidia (NASDAQ:NVDA): "I have been a bull on Advanced Micro Devices since it went to $2. I have been recommending it now that we're up over 300%. So... it would be unfair of me to say not to ring a little bit of the register if you bought it when I said. Otherwise, we're going to wait for a pullback to $5. It looks like tech's gotten a little overextended... but Advanced Micro's making all the right moves... Nvidia goes head-to-head with AMD. There's room for both."

Home Depot (NYSE:HD)

CSX (NYSE:CSX): "The rail industry is starting to get its mojo back, but not yet for the capital equipment companies, like railcar or Trinity Industries Inc. or Wabtec... I'd much rather see you in CSX Corp than I would in a component company."

Bearish Calls:

Huntsman (NYSE:HUN): "No, no... we called that as an option play when it was at $3-$4. It's up at $9. We can't come in now. We've already missed that move. I'm a sell, sell, seller!... Now, it's over."

Wal-Mart (NYSE:WMT): "Wal-Mart is not my fave here... Why? Because I want a little more juice... I want a little more action."

Wabtech (NYSE:WAB)

Dana Holding (NYSE:DAN): "We missed Dana. It's already moved too much. I feel like this stock has to pull back."

Philip Morris (NYSE:PM): "It behooves me never to recommend a stock that I passed at $44 to recommend at $49. I'm telling you to take a pass... take a pass on PM."

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

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 - Rails Are Getting Their Mojo Back (9/23/09)