Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Thursday January 6.
Bullish Calls:
Darden Restaurants (DRI), Sysco (SYY): "I want to make this clear. I thought the selling in DRI was a dramatic overreaction. I have a tremendous conviction this company is right. I also like the lower risk Sysco which provides food to restaurants, but the sell-off in Darden was so wrongheaded that I would buy, buy, buy the stock."
Ariba (ARBA): "I like online solutions ...this business reminds me of Salesforce.com."
Esterline Technologies (ESL): "This is an aerospace play I like very much...this is a play on how flush the airline companies are, and they are pretty flush."
Moog (MOG.A): "Another aerospace play... I think that is terrific because the business cycle for airlines is on fire."
Newfield Exploration (NFX), Chesapeake Energy (CHK): "This (Newfield) is my favorite stock of the Lightning Round... this has a great exploration and production record and is dramatically undervalued... a big hat off to Aubrey McClendon (CEO of Chesapeake Energy) for slimming down the balance sheet and doing everything right. We are still believers."
Berkshire Hathaway B (BRK.B): "It's been disappointing... no doubt ...it hasn't reacted the way I hoped. It is very hard to analyze, we can't analyze it...I'm sticking by Warren Buffett...I say stick with Berkshire Hathaway."
Pass
Trimas (TRS): "Electrical products...I'm going to take a pass... I want to do more work on this...it is so diversified these days... it is not just an energy play...I'm passing on it until I've done more work."
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