Cramer's Lightning Round - AMD's High Hurdle (4/14/10)

by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Wednesday April 14.

Bullish Calls:

Advanced Micro Devices (NYSE:AMD): "I think that makes sense.. you know AMD, we liked it at a spec trade at $2 and then we got real greedy and we took it all the way up to $8 and we said that is enough… and then it came down to $6... it is fine for us… I think that AMD goes up, obviously it has now got the high hurdle that is set by Intel… but AMD should be in the sweet spot as well."

Anadarko Petroleum (NYSE:APC): "Jim Hackett [CEO] has got it going... when he saw that natural gas was going down to $4, what did he do? He diversified over to oil… he has got an oily stock … I think that Anadarko is probably the stock hybrid to own and … I just wish that he would do some buying … and create a little merger wave."

Costco (NASDAQ:COST): "Costco is not working because it is consistent… Jim Sinegal's [CEO] increasingly building a great company… they are going to be increasing the memberships this year... I think that Costco is a buy… I have been wrong... it has happened before."

IMAX Corporation (NYSE:IMAX): "Well, you know we blew Imax and then we got behind it when we saw Avatar and were just absolutely blown away... I continue to think that Imax is an up stock... and I like the 3D names."

ARM Holdings (NASDAQ:ARMH): "It is a British internet tsunami play... buy, buy, buy!... which is why it has eluded a lot of people… we have been recommending this stock and I think that it goes much higher… frankly, I am surprised that it is only at $11... I am surprised that the UK does not get behind it… what is with those people anyway?"

Yahoo (NASDAQ:YHOO): "Now, here is one where everyone is expecting a merger and just not getting it… now on earnings alone, I think that Yahoo is just okay… but I do believe that Carol Bartz [CEO], whom I have been a believer in from day one… is going to get Yahoo together… and I do believe that it is a $20 stock, and therefore it is worth taking."

Exelon Corp (NYSE:EXC): "They are consistent…I want you to hold onto it… that company is going to be here for the ages… it is a consolidator in the business… it is an excellent utility… incredibly well run, it is the old Philly Elect, and Con Ed for those who need a history lesson."

Murphy Oil (NYSE:MUR): "I particularly like Murphy Oil… why? Because it is again, it has got that hybrid style… it is not all nat gas, it has got a lot of oil… it is 4 points from its high… I think that it can go to its high... buy, buy, buy!... particularly with oil this high… I think that Murphy is a good bet."

Bearish Calls:

Carrizo Oil & Gas (NASDAQ:CRZO): "We have been behind Carrizo, but remember it has also got a lot of natural gas… and natural gas continues to be in the dog house.. which is why I am saying that you have got to be careful."

Merck (NYSE:MRK): "I think that it is a dog, I think that you are absolutely right… every time that I drill down, I realize that there really is not much with Merck… the only thing that you are going to make with Merck is if the Schering Plough deal starts paying some dividends…"


Jim Cramer was up 31% in 2009. Click here now to trade alongside him.

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