Cramer's Lightning Round - Waiting to Hear From Transocean (5/4/10)

by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Tuesday May 4.

Bullish Calls

Art Technology Group (ARTG), Akamai (NASDAQ:AKAM): "You know they did that big secondary, I think that is holding that secondary… this is an e-commerce play that I really like… Hey, by the way, another ecommerce play that is coming down is Akamai at the $35, $36 level, that is our opportunity… great pin action in the whole area of e-commerce."

General Mills (NYSE:GIS): "I do prefer General Mills, particularly after that news on the split… now, splits do not matter because all a split is is that you have got one pencil, suddenly you have got two pencils… not a lot of value created… but Ken Powell does not split lightly, he is the CEO… I say buy General Mills."

Bucyrus International (NASDAQ:BUCY): "Bucyrus is going to be a little trouble here, why is that? Because there is a mining tax in Australia, people are worried about China slowing down… I think that you give Bucyrus a break… I think the stock can trade under $50 before you have to buy any… under $50 is the only place I want to own."

Baidu (NASDAQ:BIDU): "Can this company be valued at a fraction of Google? When it has actually got 300 million Chinese people that it is going to be doing business with… I think this evaluation is wrong and Google is wrong… I think Google should go lower and Baidu should go higher… and that is how I determine the duration of those two stocks."


Transocean (NYSE:RIG): "Oh man, that is a tough one… because you know RIG is a darn good company, I know that no one wants to say that other than me…. we will hear what they say tomorrow and then we will make a judgment."

Bearish Calls:

Rosetta Resources (NYSE:RST): "I happen to like Rosetta Stone… well, I have to tell you, this is going to ruin the whole relationship… I think the stock is too high and I would actually take profits in it."

ConAgra (NYSE:CAG): "I did not think that it was that good a quarter… I was a little let down … I do prefer General Mills."

Google (NASDAQ:GOOG): "Google is going lower."


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

Get Cramer's Picks by email - it's free and takes only a few seconds to sign up.