Cramer's Lightning Round - Goldman Goes Higher but Not Today (11/4/09)

by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Wednesday November 4.

Bullish Calls:

Goldman Sachs (NYSE:GS): "I want to own Goldman… it is inexpensive… I think it goes ultimately higher, but not necessarily today."

Human Genome Sciences (HGSI): "I think this is another great speculation… the stuff that they are doing on Lupus again, I do not know what is ultimately going to happen, but if that works out, that is going to be an even bigger company than it is. I am staying invested in Human Genome."

Sims Group (SMS): "My understanding is that scrap metal prices have bottomed out and are going up. I am a buyer of SIMS metal management. The day to sell it has come and gone."

EnCana Corp (NYSE:ECA): "I know the management of EnCana and they are really good… and I believe in the natural gas story. I would like to get it under $50, but if you can’t, maybe 25 here and then buy some more as it goes down… but EnCana is a great company."

Devon (NYSE:DVN)

Wendy's (NYSE:WEN): "I want to buy it… I want you to buy it… I want to triple buy it… I really believe that Wendy’s is just terrific… I want to own Wendy’s. Buy, buy, buy!"

Bearish Calls:

Seattle Genetics (NASDAQ:SGEN): "Without speaking to the CEO, without getting right there and asking him about the prospects… it is too speculative for me…"


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