Cramer's Lightning Round - Flirting with FLIR (3/18/10)

by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Thursday March 18.

Bullish Calls:

FLIR Systems (NASDAQ:FLIR), ArcSight (ARST), Nice Systems (NASDAQ:NICE): "I like FLIR! I know it acts awful... I still like ArcSight. I think that one's good too. So I feel like FLIR's good, ARST is good, and NICE is good!"

Coach (NYSE:COH), Nordstrom (NYSE:JWN), Ralph Lauren (NYSE:RL), J.Crew (JCG), Guess (NYSE:GES), Nike (NYSE:NKE): "You know, all the bears are telling me that the string has run out (for Coach)... there's not enough juice left. Well let me say Coach... let me say Nordstrom, let me say Ralph Lauren... let me say J. Crew. How about Guess? These companies are going higher... because of Nike Inc! Wealthy people are spending again, and they're spending it, and that stock's going higher."

Raytheon (NYSE:RTN): "Did your broker provide any reason whatsoever to sell a very good stock that's doing well? No. The answer is, Raytheon's good. You hold onto it."

Nabi Biopharmaceuticals (NASDAQ:NABI): "Autoimmune deficiency speculation on a... you know I like those stocks. You know I think that that's perfect but, please, don't make it your pharma...make it your speculation stock."

GlaxoSmithKline (NYSE:GSK), Eli Lilly (NYSE:LLY): "They cannot get a break. They have all these problems. And you know what? GlaxoSmithKline doesn't go down. And why is that? Because it's a great company! And I'd pull the trigger. I think I like them very much... buy, buy, buy! I do like others better. I mentioned Eli Lilly & Co. I think Eli Lilly's got all that big history of raising the dividend. That's for me."

Flextronics (NASDAQ:FLEX), Jabil Circuit (NYSE:JBL): "You know that I've been a backer of Flextronics! And let me throw in even a Jabil Circuit. Why?... Because the contract manufacturing business is roaring for computer companies and they're roaring with it... buy, buy, buy! You stick with FLEX!"

Allscripts (NASDAQ:MDRX): "Well, you've got a $20 stock, so here's what we do tomorrow morning... We take all of the house's money off the table, and then we're playing for free, and you can't lose that way..I cannot have you give that money back. You have a huge gain. House's money off the table tomorrow, and then we just play for fun!"

Bearish Calls:

Palm (PALM): "Palm needs to be taken over by something, and it's really struggling here."


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