Cramer's Lightning Round - Energy Transfer Partners Is an Armored Stock (10/1/09)

Stocks discussed on th lightning round session of Jim Cramer's Mad Money TV Program, Thursday October 1

Bullish Calls:

Energy Transfer Partners (ETP): "Yes, 8.6% yield.. I have got to tell you when we are looking for protection in this environment… the market is a battle ground… that is an armored stock."

Citigroup (C): "If we do not get good employment numbers, you should sell the financials for now… now let me make a point here… Citigroup’s book value I think is around $5.60. The stock just got killed today… down 31 cents. I say that it is a good level to buy. I am not backing away… all those others who are too timid, lose this opportunity… not me."

Dow Chemical (DOW), PPG Industries (PPG): "I would rather Dow Chemical Co. and of course, PPG Industries Inc. ..but I'd rather get in the low $50s."

Bearish Calls:

Geron (GERN): "I say no… ex-nay Geron-nay… you are not going to own that… I say sell that company."

Garmin (GRMN): "You got a double in a bad stock… you know what you do when you do that?… you ring the register. Come on man, 2 points off of its 52 week high… a serial disappointer… let’s cut it in half."

Ann Taylor (ANN): "Now, I know that Ann Taylor has come back… and I salute them for coming back… however, I think that they have come back too far… I want to ring the register."

Solutia (SOL): "I have got tell you, I would rather own Dow Chemical Co. and of course, PPG Industries Inc. ..but I'd rather get in the low $50s."

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Comments

[novashow:]

dow is a no brainer at twice the price!!!!

Oct 03 10:41 PM