Cramer's Lightning Round - Rainy Days for Solar Plays (2/11/10)

 |  Includes: AYE, BBY, BKH, COP, CY, FSLR, SCG, SFD, SYA, WFT
by: Miriam Metzinger

Stocks discussed on the lighting round session of Jim Cramer's Mad Money TV Program, Thursday February 11.

Bullish Calls

Cypress Semiconductor (NASDAQ:CY): "Yes, yes, it was big today… having a rally, it is breaking out… you know that we like TJ Rogers, Dr. TJ Rogers to you, and Cypress Semi is at the heart of the touch screen internet tsunami.... I am still a buyer of Cypress… I am still a buyer of Rogers."

ConocoPhillips (NYSE:COP): "I see the Western Governors starting to push for natural gas… Conoco oil is a gigantic natural gas company with a good yield, it also has oil…"

Black Hills (NYSE:BKH), SCANA Corp (NYSE:SCG), Allegheny Energy (AYE): "Black Hills, it is a real good company....I have also been looking at a bunch of others including SCANA Corp… this is a company that looks a lot like Allegheny Energy Inc. that got a takeover bid today… so that is my pick to you partner."

Symetra Financial (NYSE:SYA): "I think this company is a really, really good company… I saw this too, I thought that it should have been bought on it… this is one of those companies, let’s be really clear about this… this has some great bloodlines, Why? Berkshire Hathaway owns a big stake in it… so I want to buy that stock, I think that it is undervalued… buy, buy, buy! Take some. Take some in."

Weatherford International (NYSE:WFT): "Why do you ask do I want to be in Weatherford, which is a pretty good driller? And the answer is this… it is simple, they have got big Iraq contracts… and that is what I want… and I think that Weatherford is the leveraged way to play it… I am not worried about Mexico as much as other people."

Bearish Calls:

First Solar (NASDAQ:FSLR): "I am not a believer in the solar plays… why? They need government subsidies… the governments all over the world are out of moola… I am not a player."

Smithfield Foods (NYSE:SFD): "I think it may have already been reached his price… you know what, I am going to say do not buy right now… it has too big a run… just too big a run."

Best Buy (NYSE:BBY): "I have been wrong on this one… I thought that this thing was going to have a big run… it is not working out, I cannot keep flogging it… because the quarter was just okay… this is an embarrassment to me because I thought this thing was going to have a good quarter… it had a good quarter and it still did not go up… it is saying to me that something is wrong… I listen to the footsteps."


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