Cramer's Lightning Round - No Limits for Limited (9/13/10)

by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Monday September 13.

Bullish Calls

Limited Brands (LTD): "You hold on because Back to School season, despite all those negative articles that we read... it's going to turn out to be fabulous! ... I think that the Limited is a buy, buy, buy! I'm staying with it!"

FirstEnergy (NYSE:FE): "It is great news! Because FirstEnergy needs the growth. I am an aggressive buyer of this company... buy, buy, buy!... With that growth, it's going to be able to maintain that yield, and even grow that dividend!"

Under Armour (NYSE:UA), Lululemon (NASDAQ:LULU), Dick's Sporting Goods (NYSE:DKS): "Under Armour's good. And by the way, I spoke too soon about Lululemon... The company had such a great quarter that I've got to rethink selling it. That's my bad that I thought (of) selling it at $40. Under Armour's good. Lululemon is good. Dick's is good. That group is red hot. It's sizzling. I like them. "

Chesapeake Energy (NYSE:CHK): "Right now, the only one in the natural gas complex that I am recommending is Chesapeake Energy Corp., because it is so, so low."

Bearish Calls:

Arena Pharmaceuticals (NASDAQ:ARNA): "I am not going to try to perceive what the FDA is going to do on this. This is really one of those where you are betting on something that nobody knows. I have no edge on ARNA. So therefore, I say don't buy, don't buy... When I have an edge, I pull the trigger. If I don't... I don't."

Clean Energy Fuels (NASDAQ:CLNE): "Right. It's disappointing... it's disappointing. Because we know what happened here. The federal government has not gotten behind natural gas... which is why natural gas is down so low...We need the government to strike a blow in favor of natural gas, to get us... be fueled domestically, not internationally. We don't have that. And that's why Clean Energy is stalled right here. It is a pure spec. I can't push it right here, because we don't have government backing. I can stay with it. I can't tell you to buy it."


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