Cramer's Lightning Round - Altria Is 100% As Good As It Seems (11/3/09)

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Tuesday November 3.

Bullish Calls:

Windstream (WIN): "I am going to send you to Windstream Corporation which did a pretty good acquisition today."

Enterprise Product Partners (EPD): "You know I like these pipeline companies… I think EPD is right to buy here… I will always take an 8% yield that I believe is safe."

Altria (MO): "100% as good as it seems…I have just bought some more. You can do what you want with the dividend… that dividend is money in the bank… and I say buy, buy, buy."

Cypress Semiconductors (CY): " I cannot believe that Cypress pulled back to $8.50... it is part of the tsunami play… that is my one… that is what I want to be in."

Skyworks Solutions (SWKS): "The stock should be bought… the group is for sale… I say you buy, buy."

Bearish Calls:

Frontier Communications (FTR): "...you are going to sell the stock tomorrow morning… I think that it is dangerous."

Synaptics (SYNA)

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Comments

[connorport:]

So far i have disagreed with cramer on many occasions and more often than not i have come out a winner on a stock. APWR - No Comment by Cramer Bought at $3.54:Now 11.50 and climbing. SIRI - Sell Sell Sell Bought at .11:Now .61. Bought TXT at 9.02:Sold at 20.05 in a couple of months and now he says to buy. I have too many winners to list but i am sticking to my guns on FTR. I like the dividend payout which is repeatedly strong and the fact that the company will triple in size once Verizon completes the deal before the end of the year. I personally see growth and higher dividend yields coming for FTR in the future. It can easily be said that investing in the most fundamentally sound stocks will retrieve gains, the hard part is picking the up-and-comers. This is where Cramer fails severely. Business models mean nothing without an optimistic product to sell. He says to Buy Itron(ITRI) but latest information on that one is that their grid failure rate is reaching a high level. They have the push it out and fix it later approach. Problem is, they are covering plenty of warranties and losing market share quickly to those up and comers like Silver Springs Networks who has joined forces with GE to Smart Grid the Nation. Many meter manufactures are interfacing their own systems that seem to work better. I just don't think Cramer does the proper investigation in his haste to push himself to the airwaves. He would be a lot more believable to me if his show ran once a week with a handfull of stocks that shows the complete metrix outline and the way the company's products will increase its share value without diluting their shareholders to nothing.

Nov 04 10:00 AM

[JAMES CARLINI:]

Cramer gets your attention to "look at the stock market" to put your money in. Many seem to like his ShamWow approach that mesmerizes many.

Whether he is right or wrong doesn't matter, he wants you and your money "in".

Sell this, buy that, don't buy this but, HEY add this to your portfolio.

He never tells you to take your money out and buy some collector cars, original art or other "valuables" outside the market. That's diversification. Buyer beware.

Nov 05 08:01 AM

[connorport:]

You are correct. That's why i am amazed that people take his advice as analytical. He does a quick scrub of the top of a company to bring forth his recommendations but he sells it like a broker.


On Nov 05 08:01 AM JAMES CARLINI wrote:

> Cramer gets your attention to "look at the stock market" to put your
> money in. Many seem to like his ShamWow approach that mesmerizes
> many.
>
> Whether he is right or wrong doesn't matter, he wants you and your
> money "in".
>
> Sell this, buy that, don't buy this but, HEY add this to your portfolio.
>
>
> He never tells you to take your money out and buy some collector
> cars, original art or other "valuables" outside the market. That's
> diversification. Buyer beware.

Nov 05 08:18 AM

[StockMaster...:]

The dividend for PM will be the same as that of MO in a few years if you bought both today because of the dividend growth. PM is a great dollar bear play also. If the dollar declines enough and there is no growth in either PM may pay the same dividend in dollars also. Cramer is a bit off on this call. MO also has the USA only which gives it more regulation risk than PM since that is international. However, I do own both but like PM better. I'm in on PM where it yielded 6% during the crash and would buy more at $45 given how I feel about the dollar since.

Nov 05 09:01 PM