Cramer's Lightning Round - Healthcare Ennui (4/12/10)

by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Monday April 12.

Bullish Calls:

TriQuint Semiconductor (TQNT): "Oh man, that is a tsunami… that is perfect for a student… this $7.70 name is exactly what I would have been buying if I was in school… because you have your whole life ahead of you, you have got a key component player in the internet tsunami… and it is a great semiconductor company...pull the trigger."

U.S. Steel (NYSE:X), AK Steel (NYSE:AKS), Walter Energy (NYSE:WLT): "I like them both because I like the steel business… now remember, I am going for an auxiliary, ancillary play here… and that is Walter Energy because of the shortage right now in metallurgical coal… WLT, even at $96... buy 10 shares."

Akamai (NASDAQ:AKAM): "I think that you have got horse sense, I like Akamai… that makes faster web…"

Caterpillar (NYSE:CAT): "How much better would it be to buy Caterpillar Inc. than Manitowoc? Why not go best of breed? That has always been my philosophy… I am not changing it."

Weatherford International (NYSE:WFT): "I think WFT, which has big Iraqi contracts is much better at $16 than Nabors at $19... I am sticking my neck out, I am willing to have it cut off."

Dendreon (NASDAQ:DNDN): "I think that you have got a good idea… now I did miss a lot of the Dendreon move, but I did get on in the mid $20’s… I am sticking with it… I think that it could be huge… I would not chicken out on it now."

Bearish Calls:

Inverness Medical (IMA): "There is this ennui about healthcare companies that were supposed to do well when Obama’s package pass… because that was the pattern when we saw Clinton’s package fail… what happened is that all of these stocks, once they got cleared up in Washington, have stopped running… anything diagnostic has stopped running… I am not touching it right here."

Manitowoc (NYSE:MTW): "Written off at one point by me… written off, but Manitowoc… I have got to tell you, this stock has had a run... how much better would it be to buy Caterpillar than Manitowoc? Why not go best of breed? That has always been my philosophy… I am not changing it."

Devon Energy (NYSE:DVN): "Unless we see natural gas go from $4 to $5... or we see some movement in Washington that Boone Pickens has promised us by Memorial Day… to endorse natural gas as a fuel... you are going to be underperforming with Devon."

Nabors Industries (NYSE:NBR): "No edge here."


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