Cramer's Lightning Round - Ralph Lauren, Please Don't Take This Personally (4/20/10)

by: Miriam Metzinger

Stocks discussed on lightning round session of Jim Cramer's Mad Money TV Program, Tuesday April 20.

Bullish Calls:

Apple (NASDAQ:AAPL): "I do not think that you can beat Apple… I do not think that anyone can beat Apple… I am dedicating the whole Lightning Round to Apple… I think Apple, well maybe a little to Altera, no, to Apple… I think that you should stick with Apple."

SanDisk (SNDK), Cree (NASDAQ:CREE), Altera (NASDAQ:ALTR): "(SanDisk is) manna from heaven… yes, you could have had either the white bread which was SanDisk or the whole wheat which was Cree … and both good for a big money sandwich… I want you to hold onto SanDisk… I like the PC business… how about Altera Corp. blowing away the numbers tonight? How about Apple? I think that SanDisk blows the numbers away… I want you to stick with SanDisk."

Dupont (NYSE:DD): "Move on and get yourself some DuPont with a 4% yield…"

Standard Pacific Corp (SPF): "I am on the line and the analysts, they do not like it… but Ivy Zelman, who is the best analyst, said it all in her long question on SPF… she said the number was good, the margins are better, the company is coming back… that was an over-reaction to sell it… I am a buyer of SPF right here, right now… that was a good quarter… people do not understand how to read a balance sheet."

Discovery Communications (NASDAQ:DISCA): "This is a winning stock and you are a winner and Discovery is a winner … I have got to tell you something, this Discovery has got all those programs... you can watch the DVD a million times… this is the only station that you can watch with your kids… I think you can watch with your kids when your kids are 40… I am a buyer of Discovery… Oprah or no Oprah, I do not care… that company rocks."

RF MicroDevices (RFMD), Xilinx (NASDAQ:XLNX), Cypress (NASDAQ:CY), Skyworks (NASDAQ:SWKS), TriQuint Semiconductor (TQNT): "Alright, I think this is important… this (RFMicro Devices) is an internet tsunami stock that makes parts for cell phones… Mr. Bruggeworth [CEO] was on the show… he is a winner... I think that this company has gone thru hard times and has gotten out of the desert and into the promised land… I think that this quarter, well I believe that the stock has run, so maybe there is profit taking… I want to own RFMD… and let me throw in, by the way, that I want to own Xilinx … which is in there.. I want to own Cypress … Dr. Rogers always invited to the show… and let me throw in Skyworks Solution, David Aldridge... these guys are all winners and you know what I say … hey let me throw in TriQuint Semiconductor while I am at it… the tsunami is here… do not get wet, get long."

Bearish Calls

Polo Ralph Lauren (NYSE:RL): "Now the stock has moved all the way to $91, I am getting a little skittish… would like a pullback before I get back in and recommend it again… so at this price I am going to say don’t buy it… Ralph, do not take that personally, I know that you will take it personally… but I urge you not to take it personally…I beg you."

Mosaic (NYSE:MOS), Potash (NYSE:POT): "(Mosiac had) Just a little bit of a bounce… that is all it is… and that is why even though I like Potash, I would ring the register… move on and get yourself some DuPont. Get off of that spring. It doesn't have the lift I want."

Palm (PALM): "Too hard because they are in the end squaring up against what I think is the ultimate icon… perhaps the greatest company that has ever been created in America… and I am not talking Ford Motor, although Al Mulally is darn good… I am talking about Apple."


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