Cramer's Lightning Round - CHU Is Hard to Swallow (3/25/10)

by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Thursday March 25.

Bullish Calls:

Vulcan Materials (NYSE:VMC): "I will tell you the truth, if I am going to be in aggregates, I am going to go buy Vulcan Materials Company … which is finally making a comeback… I would rather do that… I need a better balance sheet."

Apollo investment Corporation (NASDAQ:AINV): "I wish I knew more of what they own, but it does pay a good dividend… it has been too big of a run for me here… and, you know what, it has been a great run and that yield is safe."

Equitable Resources (NYSE:EQT): "In the longer term, these natural gas stories have been terrific… we know that natural gas below $4 cannot stay there forever… I reiterate EQT… now, short term, is it going to work? I thought it would and obviously it has not… longer term, we only need to look at the long term record of these natural gas companies to know that it in the end when they are down, you buy, buy, buy."

Qwest (NYSE:Q): "You want to speculate on a low price phone company… you go right down and you buy some Qwest … which gives you the yield too…"

Bearish Calls

China Unicom (NYSE:CHU): "I was so down, CHU reported another competitive quarter… people did not like the quarter… this is one, my one Chinese stock, I told you to avoid the Chinese stock market… it is a terrible place… CHU has got the best technology, they have got 3G, they have got 4G, they have got the Apple franchise… and it is getting crushed… what I felt was it is too low to sell, it is too low to sell… but I am extremely disappointed in that company… extremely."

Cemex S.A.B. (NYSE:CX): 'No, no I do not need to see that, I do not need that aggravation... I do not need a cement company."

Sprint Nextel (NYSE:S): "No, no, no… that is up on a spike with some product introduction, no… it needs a takeover and I do not think that the government would ever let that happen… and by the way, I never recommended stocks that the fundamentals are falling just because of a takeover basis."

First Solar (NASDAQ:FSLR): "Given the fact that the government subsidies are ending, and the product is still too high priced… I came away and I said sell, sell, sell…"


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