Cramer's Lightning Round - It's Steel Time in America (2/18/11)

by: Miriam Metzinger

Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Friday February 18.

Bullish Calls

AK Steel (NYSE:AKS): "Steel companies are being footballed back and forth...we got that one right. They told us we were wrong about them, that we should relook. We did, we like them.... I reiterate my buy. It is steel time in America."

Abercrombie & Fitch (NYSE:ANF): "I was in one of their stores...I didn't like it at all and I don't want my kids going there, but the company is doing quite I can't let my biases interfere with the stock. Buy, buy, buy."

Jabil Circuit (NYSE:JBL): "This is one of the stocks we did the work on. This has appreciated the most after the quarter, after it has already appreciated, which means it does better after it reports. I'm a buyer."

Chesapeake (NYSE:CHK): "...You've got horsesense. Buy, buy, buy."

Penske Automotive (NYSE:PAG), AutoNation (NYSE:AN), Monro Muffler (NASDAQ:MNRO): "Penske is one of my favorites. Have to get the CEO on the show... I also like AutoNation and Monro."

Textron (NYSE:TXT): "I don't think they need to break up... they had a remarkable renaissance. They did everything right... they refinanced... they are in great shape. The stock is poised to go higher. I like it."

There were no bearish calls on Friday's show.


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