Cramer's Lightning Round - I Happen to Like Cisco (2/1/10)

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Includes: AAPL, BNI, BRCD, BSX, CSCO, DRYS, DSX, FCX, HON, SCCO
by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Monday, February 1.

Bullish Calls:

Cisco (NASDAQ:CSCO): "I happen to like Cisco, I think that it is conservatively priced.. given about how good the growth is… "

Diana Shipping (NYSE:DSX)

Southern Copper (PCU): "If you want to play copper, I would much rather see you in Southern Copper Corp. … which is cheaper…"

Apple (NASDAQ:AAPL)

Burlington Northern (BNI): "I think that you should own a Buffett stock, I think that he is a great mind, I think that it is a great portfolio holding… I would be in it."

Honeywell (NYSE:HON): "Dave Cote [CEO] was too down beat, I reiterate that I want to buy Honeywell… I sent out an email this week saying that Dave Cote is being too negative about his stock, I want to buy the stock…"

Bearish Calls:

Brocade Communications (NASDAQ:BRCD)

Dryships (NASDAQ:DRYS): "No, no, nope, nope… if we are going to go that dry bulk then we are not going to recommend DryShips, whose balance sheet we do not really care for."

Freeport McMoRan (NYSE:FCX): "The chart is so broken that it worries me… the stock is bouncing $4 because it has been so oversold… I think that it has 2 or 3 more points…

Boston Scientific (NYSE:BSX): "I know that I have been in favor of the stock, we had a nice little gain in it… but I, it took my breath away… that patent, it took my breath away… I cannot get behind that."

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