Jim Cramer's Mad Money Lightning Round Picks, Jan. 11

by: Miriam Metzinger

Miriam Metzinger submits: Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Thursday January 11. Click on a stock ticker for more analysis:

Bullish calls:

Level 3 Communications(NASDAQ:LVLT): ' ... it looks really scary... LVLT issuing 160 million shares after the close? My favorite speculation for 2007... This, my friends, is not scary ... We've been talking about the virtuous circle up ... LVLT remains two thumbs up, way up ... This stock is headed higher.'
Eagle Materials (NYSE:EXP): 'That is a great company with a gigantic insider buyer, with a phenomenal balance sheet, with a tremendous opportunity for a CX to take it over ... two thumbs up, way up.'
Baidu.com (NASDAQ:BIDU): 'I have been itching to buy this BIDU, to recommend it on the show... I keep waiting for a down day... It is killing me. I am right now sanctioning a small buy in BIDU right here, praying that it will come down.'
Texas Roadhouse (NASDAQ:TXRH): 'TXRH has stalled out... I cannot give up on TXRH, but I just can't understand the bear case for TXRH. I say $13 ('mon-back). Let's buy them.'
Darden Restaurants (NYSE:DRI)
McDonald's (NYSE:MCD)
Res-Care (RSCR):
'it's a disability play ... This is my favorite. And I think you should swap out of the HLS, if you're in that, and get into RSCR which, to me, is best of breed in the field.'
CarMax (NYSE:KMX): 'There is nothing like the retailing of cars. It is a phenomenal business ... 52-week high again. And I am saying don't ring the register. That is how good KMX is ... Two thumbs up, way up.'
Savient Pharmaceuticals (OTC:SVNT): 'I prefer Savient over SGEN.'
Toyota Motor (NYSE:TM): 'Holy cow, it just dropped 15 points. ('mon-back sound). Let's do some buying.'
Capital One Financial (NYSE:COF): 'The bears keep swarming. I think they'll be wrong. Buy, buy, buy! I want to buy COF.'
Best Buy (NYSE:BBY): 'They're best in show ... I don't even know why Circuit City (NYSE:CC) exists. Julian Day is cutting back the Radio Shacks ... That means wide open field for BBY. The stock has been heading down ... It may be flatlining here and then, when it reports the quarter, it goes up 3 or 4. That's a tough call for me.'
Riverbed Technology (NASDAQ:RVBD): 'The stock is bouncing back now ... best in show. I want you to stick with it. As a matter of fact, I want you to buy it. Buy, buy, buy!'

Bearish calls:

Corn Products International (CPO): 'Most of their costs are corn, and corn is going up, up, up ... but they're able to put through a price increase. They just gave you a dividend increase. I've got to tell you, this one is not for me. Don't buy, don't buy. But far be it for me to say sell, sell, sell. They seem to have the costs - even though they're skyrocketing - under control.'
HealthSouth (NYSE:HLS)
Energy Conversion Devices (NASDAQ:ENER):
'I cannot - in good conscience - recommend that stock with oil at $51, going to $49. So, I am going to say no, no, no. Sell, sell, sell.'
Seattle Genetics (NASDAQ:SGEN): 'It's a $300 million company. I cannot get behind it. It's at a 52-week high. I've got a lot of really great biotechs that are well off their high. Don't buy, don't buy.'

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