Cramer's Lightning Round - Red Hat in the Green (10/6/09) 2 comments
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Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Tuesday October 6.
Bullish Calls:
Terra Nitrogen (TNH): "I can't count on these companies other than Terra Nitrogen."
Red Hat (RHT): "I listened to their CEO today. I have liked that stock for awhile; that story is a good one."
B&G Foods (BGF): "It yields well and I continue to be behind that stock. I like the hybrid more than the common, though."
Hudson City BanCorp (HCBK): "It's a conservative bank and I like it. The yield is good and the stock is good."
Bearish Calls:
Potash (POT): "I am very worried about this group."
China Green Agriculture (CGA): "I looked at this company and it's too speculative. "
Activision (ATVI): "That business is out of favor with me. I want to get out of that whole industry."
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This article has 2 comments:
--That aside...the fact that Cramer wishes to discard the entire gaming industry, let alone the industry leader, who, (gasp!) generates free cash flow, doesn't need bailouts from the government, doesn't cook their books, etc. and INSTEAD recommend BANKS is simply atrocious.
--Another great call, POT up 18% since 10/6 going into earnings 2mrw...If you're worried about POT, then you're worried about the idea of a global recovery, which you're obviously not, because you recommend everything else under the sun.
--I hate it when he mentions any stock I own, regardless of his call.