Cramer's Lightning Round - Is Dendreon Played Out? (6/21/10)

by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Monday June 21.

Bullish Calls:

Dendreon (NASDAQ:DNDN): "A lot of people feel that it is played out… they got the approval, now what? It is a show-me stock… I happen to think that their anti-cancer vaccine… when we are talking about prostate… could be, let’s say, transferred to other forms of cancer…and that this is a multi-year story and I am not letting up... I continue to like it… and critics of me say that I have got in late to the party… late to the party… we made 15 points… what is the problem with that?"

Hain Celestial (NASDAQ:HAIN), Whole Foods (WFMI): "You know what, we had the CEO Irwin Simon on, and the stock was at $15.60 and we were worried about the quarter … he convinced us otherwise… we recommended the stock… it has been a powerhouse ever since…natural foods is a great theory… so is Whole Foods … I want to stick with Hain… I think it is a winner… why? Because people want to eat food that is good for you."

ARM Holdings (NASDAQ:ARMH): "I feel like... that is a semi play that fits right into my Apple thesis... I bless it… I think it goes higher… remember, there is some profit-taking today… I am not put off by it." (NASDAQ:BIDU): "The only Chinese stock I'm recommending is Baidu."

Owens Corning (NYSE:OC): "If you want to play green, we are going to give you stocks like Owens Corning … because that is a green play… it is a green play in insulation, it is a green play that makes a lot of sense to me."

SPDR Gold ETF (NYSEARCA:GLD), Eldorado (NYSE:EGO): "We prefer SPDR Gold ETF (to Yamana)… actually we prefer bullion then coins, then we prefer GLD… why? Because miners can screw up… we do recommend Eldorado Gold Corp... Eldorado… the stock is coming in… but I still prefer, because of the execution problems… that you own GLD or the physical gold."

Bucyrus International (NASDAQ:BUCY), Joy Global (JOYG): "No, Bucyrus is the ultimate China play…I know that it reversed today… I expect it to go down tomorrow morning… this is a company that makes the big shovels… we have liked management… we also like Joy Global … these guys are professionals… they are great at what they do… they make the best in the world… it is a screaming buy… I want to own BUCY… I want you to stick with it."

Bearish Calls:

Yamana (NYSE:AUY): "As much as we used to like the management of Yamana… it has turned out to not keep pace with gold…because of execution problems."

VanceInfo Technologies (NYSE:VIT): "I am not yet willing to pull the trigger on Chinese plays other than … so I am going to recommend that you actually take profits in that name."

Motorola (MOT): "I think that Motorola is a sell, sell, sell… why do I feel that way? Because I do not understand one bit the way that they are splitting that company up… it makes absolutely no sense to me…I want you out of the stock... I want you out of it tomorrow."

JA Solar (NASDAQ:JASO): "Okay, JA Solar to me is just a classic dice roll… I do not like solar plays, I do not like China… all that it has got going for it is a little reverse head and shoulders right now."

American Capital Strategies (NASDAQ:ACAS): "No, sunshine, listen to me… that is a no … this is a company that is just the kind of lender that I do not like in an economy that is going nowhere… ACAS is way too dangerous."


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