Jim Cramer's Mad Money Lightning Round Picks, Jan. 9

by: Miriam Metzinger

Miriam Metzinger submits: Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Tuesday January 9. Click on a stock ticker for more analysis:

Bullish calls:

Apple (NASDAQ:AAPL): 'Even on a little teeny-weeny pullback, because they're my stocks of the year, they're still worth buying.'
Disney (NYSE:DIS)
McDonald's (NYSE:MCD)
Omniture (OMTR):
'Yes, Piper Jaffrey had the audacity to take a stock, that I think is the future of the internet, and take it to a sell, sell, sell. I'm doing a buy, buy, buy. You cannot look at the web, and know what people are looking at, without OMTR software.'
Melco PBL Entertainment (NASDAQ:MPEL): 'People are leaving the table. They think Macau is played out ... but I think that MPEL is cheap. I want to buy it. I would play going into another position.'
Sears Holdings (NASDAQ:SHLD): 'You're talking about heresy, if you're thinking about selling that one. That's my friend, Eddie Lampert, that is running the store there. And I believe that this stock is marking time after a phenomenal run - 35% year over year ... I do not condone selling the stock. Stay long SHLD.'

Bearish calls:

New York Community Bancorp (NYB): 'It is a good merger candidate... but you can't speculate on a company for a takeover, if the fundamentals are deteriorating ... it is the kind of company that actually does badly when you hear about this thing called the inverted yield, where the interest rates you get on cash are pretty much the same as for what they lend money out ... you have to be able to weather the possibility of a big decline in earnings at NYB ... it's most certainly a 'don't buy, don't buy.'
Sirius Satellite Radio (NASDAQ:SIRI): 'I befriended Mel Karmazen [SIRI's CEO], and I am giving myself 30 lashes right now ... because I cost people. That stock went from $4 to $3.70, because he did not make his projections. Without a takeover, Mel Karmazen is not going to make you a lot of money... Stay away, unless he's going to merge, and you will know when he wants to merge. '
Charter Communications (NASDAQ:CHTR): 'People are buying CHTR - they believe the first thing that Time Warner will do is buy CHTR. If they buy CHTR, I can tell you, it will be at this (current) price. I reiterate ka-ching, ka-ching, ka-ching (i.e., sell).'
Conexant Systems (NASDAQ:CNXT-RETIRED): 'I am concerned about CNXT's balance sheet, which is why I aggressively recommended sell, sell, sell, slightly higher - actually 80 cents - from here.'
U.S Global Investment (NASDAQ:GROW): ' It's delivered a 250% return. ...hogs get slaughtered. Let's take a little off the table, and let the rest ride.'

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