Jim Cramer's Mad Money Lightning Round Stock Picks, Dec. 18

Miriam Metzinger submits: Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Monday December 18. Click on a stock ticker for more analysis:

Bullish calls:

Eagle Materials (EXP): ' EXP could be acquired ... it's been public for two years. It is a great cement company ... If this stock were ever to pull back, oh yeah ('mon-back sound), you get the picture.'
Marvell Technology (MRVL): ' Now, the company did have the options problem ... I think this could be one of the biggest stocks for 2007, and I want you to buy, buy, buy! Because this company has it all and it's been cut almost in half ... Two thumbs up, way up.'
Chesapeake Energy (CHK): 'Holy cow, can you believe that Aubrey, the CEO - they nailed that stock at $32.25. They sold stock. Now, it's come down to $30.70 ... I think downside is minimal. I guess what I'm saying is, pull the trigger.'
Mueller Water Products (MWA): 'This stock is dirt cheap. That's a regular, consistent business. I again say pull the trigger. I say two thumbs up.'
Grey Wolf (GW): 'I think that GW is good on its own merits, but I do not look for a takeover ... buy it.'
Cisco (CSCO): 'This stock is going higher. It's going to $30. That could just be a stop to $32. And I like CSCO here. I would buy it here if I did not own it.'
Apple (AAPL): ' ... below $85, I still want to buy the stock. I'm not backing away. In fact, I will make the statement that I think the bears are leaning on AAPL. And bears, pay attention, open season is coming.'
Goldman Sachs (GS): 'GS is being kept down by the option expirations. Starting to move up. It's up 3. I think that one's going to $300... It is cheaper than MS and it is better.'
Halliburton (HAL): 'You don't need to be in that specialty small-cap oil service. You go with HAL!'
ABB (ABB): 'ABB is the primary nuclear power builder ... I say ABB, at $17.50, is not done going up. That stock is headed to $20. I want to stick with that stock.'

Bearish calls:

Morgan Stanley (MS): '52-week high. Earnings coming tomorrow. No on buying.'
Southern Copper (PCU): 'The price of copper's coming down, my friend. What an opportunity to take a little off the table. I know the dividend is terrific at 9%, but bulls make money, bears make money, and hogs - they get slaughtered.'
PeopleSupport (PSPT): ' ... these companies that are outsourcing business, frankly, have nothing proprietary. This stock is at its 52-week high. It does have good growth, but you know what? (ring the register sound)...'
Allis-Chalmers Energy (ALY): 'No, no, no ... even though GS said buy it ... No! You don't need to be in that specialty small-cap oil service. You go with HAL.'

Seeking Alpha publishes a summary of Jim Cramer's stock picks every day including: Mad Money Recap, Lightening Round, Stop Trading and his Market Minute.

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

Seeking Alpha is not affiliated with CNBC, Jim Cramer or TheStreet.com

Comments

[Angelo George:]

A good part of Marvell's upside will be because of the partnership with EZchip. Why Why doe Cramer ignore the real winner for 2007 is LNOP the virtual owner of EZchip. IMHO.

2006 Dec 19 10:26 AM