Cramer's Lightning Round - The Best Way to Play the Return of High Retail (11/9/09)

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Monday November 9.

Bullish Calls:

American Express (AXP): "AXP, a stock that we recommended last week remains on fire… everybody I know has sold this stock… all I have to remind you is that this stock was in the $50’s not that long ago… it is an incredibly well run company that is the best way to play the return of high end retail…"

Apple (AAPL): "You stay where you are… you stay where things are sizzling… you stay with Apple."

Becton Dickinson (BDX): "May I direct you toward Becton Dickinson & Co., which I think has much better fundamentals and is a much cheaper stock."

Bearish Calls:

Regeneron (REGN): "Alright, I want to say high yield, I want to say high risk… it is absolutely only as a spec."

Motorola (MOT): "I do not want you to trade down to Motorola."

Alcon (ACL): "You raised a point, there is a majority ownership stake by Nestle here… and I have got to tell you that I am very concerned about that…I do not want to be in the stock because of that… but it has been a total, total winner… in part because it has got absolutely great business itself… but I think that it has moved too much… I am in a don’t buy mood."

MetroPCS Communications (PCS): "...over and over again these guys have disappointed in what they have to say… with what they do… and therefore they are considered to be unreliable… there is a big discount because of their unreliability… does it make sense down here to still sell it? No… but can I recommend it given that unreliability... absolutely not."

Frontline (FRO): "Alright, being a novice investor, this is not what I would start with…. I would start with a McDonald’s… I do not think that you should figure out something like this."

Beckman Coulter (BEC): "People think that they overpaid and I am in agreement… I do not think that we need that stock right here."

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Comments

[MarketGuy:]

great contrarian indicator

Nov 10 08:17 AM