Jim Cramer's Mad Money Lightning Round Picks, Oct 3

Miriam Metzinger submits: Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Tuesday October 3. Click on a stock ticker for more analysis:

Bullish calls:

Accenture (ACN): 'I think ACN is a better buy - that's best of breed.'
Smithfield Foods (SFD): 'SFD has finally turned the corner. We once had a butterball turkey on the show. They bought that business and the meat business is good. Two thumbs up, way up!'
AU Optronics (AUO): 'AUO is a big-screen TV company. I would double down right here, right now. That's how I feel so good about that one.'
Guitar Center (GTRC): '... this is a great company. The company's growing at 18%; it sells at 15x earnings.'
Corning (GLW): 'I am continuing to say that GLW is a $24 that will eventually get to $28; it's taking its time.'
Walter Industries (WLT): 'WLT is valued at $1.8 billion. You don't want to be in MWA - Swap out of MWA and go into WLT!'
Microsoft (MSFT): 'I think that the growth is actually understated here; it's growing at 12%. I think that we could have accelerated revenue growth. That stock's seeing $30!'
THQ (THQI)
Electronic Arts (ERTS)
Google (GOOG): 'GOOG's breaking out here, my friend! I reiterate that a stock that grows at 33% should not sell at 40x earnings. I think this is a weight station - a quick stop - let's go to $500 GOOG. Google - $500!'
Waste Management (WMI): 'I say WMI is probably the best of breed; I want to be there.'
Darden Restaurants (DRI)
Wendy's (WEN)
McDonald's (MCD)
Level 3 Communications (LVLT): 'I think anytime below $5 I want to be a buyer.'
Apple (AAPL): 'Unbelivable opportunity to buy AAPL. Somebody downgraded it today; doesn't know what he's doing.'

Bearish calls:

BearingPoint (BE): 'I don't want you in BE.'
Mueller Water Products (MWA): 'You don't want to be in MWA - Swap out of MWA and go into WLT!'
Alon USA Energy (ALJ): 'That trade is over. The refiners are falling off a cliff.'
Take-Two Interactive Software (TTWO): 'TTWO? Hey man, Grand Theft - not for me!'
Linear Technology (LLTC) : 'I'm worried about LLTC.'
Deere (DE):$83 for DE... I want to be a seller of DE. I don't like the cyclical stocks here.
Ciber (CBR): 'I'm sending you to ACN.'
Axcelis Technologies (ACLS): 'I think that tech is a little overvalued here. I don't want to be in that particular stock. There are other, cheaper stocks.'
Applebee's (APPB): 'I think APPB is okay; I like the other ones better. I would stick with them.'
Valero energy: 'VLO, pre-announced a really awful quarter. Now, remember, I didn't have the good horse sense to get out of VLO at $68 but, at $60, I said I'm dropping the boom on VLO.'
Cameco Corp (CCJ): 'You know what? You can't own the uranium complex with oil going down like this; I think it's too dangerous.'

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Comment on this Article

Comments

[kkin365]

Excellent service, very much appreciated. Re GOOG, I think Cramer said "way station", not "weight station." Re VLO, I heard differently, but I cannot remember exactly what he said. Keep up the good work. omooc

[MiriamMetzinger]

Hi David...Thanks for your comments and the correction on "way station." However, the VLO comment was a direct quote from the original show. Glad you enjoy the recaps.

Miriam Metzinger
Seeking Alpha