Cramer's Lightning Round - Activision's Got No Swagger (3/10/11)

by: Miriam Metzinger

Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Thursday March 10.

Bullish Calls:

Monsanto (NYSE:MON), Potash (NYSE:POT), Mosaic (NYSE:MOS): "You bought the whole shooting match. I think precisely because a lot of people jumped into those stocks because they thought there would be a good crop number, that's why everyone is getting killed. I would buy POT when it drops another 10 percent, but don't sell. It is down too much."

Electronic Arts (ERTS): "We might bless Electronic Arts at a certain point, but not that one (Activision)."

Jabil Circuit (NYSE:JBL): "Listen Skipper. I will bless Jabil... but you can buy 100 here and a 100 at $18. If you can't handle the pain down to $18, then I would sell."

Bearish Calls:

Activision (NASDAQ:ATVI): "No, no, it's got no swagger, so we are going to stay away from that one."

Paramount Gold and Silver (NYSEMKT:PZG): "I think it is the wrong place and the wrong is going to go down because gold is in kind of a shortfall position. I don't want you to own that stock until it gets to 3 bucks. I have a lot of stocks in the gold world that are going to go down here, and that is not my favorite."

Caterpillar (NYSE:CAT): "I really like the stock... here is the problem: discipline trumps conviction... I would ring the register. I don't want you to give back that great gain."

AIG (NYSE:AIG): "The government has got to sell a lot. I'm going to sell right along with them... I've got a lot of insurance I like better... that thing was just a big short squeeze. I say ixnay AIGnay."


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