Cramer's Lightning Round - Starbuck's Steaming Ratio (3/18/11)

by: Miriam Metzinger

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Friday March 18.

Bullish Calls:

Starbucks (NASDAQ:SBUX): "I think it would be $3 down $10 up.... I like that ratio. I think the stock is a buy... buy it on scale on the way down... the market is a bit dicey here."

Schlumberger (NYSE:SLB): "We think it is the right level to start getting into this stock. This is a wild trader. It could go from $85 to $75 in a heartbeat. You want to buy 200 shares? Buy 50 now and then wait (for a decline of) 3 points."

Pitney Bowes (NYSE:PBI): "You've got dividend protection... good cash flow... It is a good one... Slow and steady, it will win that race."

Bearish Calls

Honda Motors (NYSE:HMC): "This stock holds up so well. I don't want to own a Japanese auto company that has just bounced... you've got a great opportunity to scale out of it.... let's take it."

Agilent Technologies (NYSE:A): "Tested measurement. I've had it. I'm ringing the register... we've had a really big run in these."

Limelight Networks (NASDAQ:LLNW): "I do not want to sell it here, but you have to understand... right now it is connected to the optical chain... this is overstuffed... so the stock is not going to head up here until we get some evidence that inventory glut in optical is gone... and I don't know when that will be."

Molycorp (MCP): "I said sell it last week. I reiterate that sell. I know it makes rare metals... It is overvalued and I don't want to own an overvalued stock in this environment."

Skechers (NYSE:SKX): "No I hve disliked this stock for some time. I think it is a bad stock. I atoned for liking it higher. I am glad I told people to get out. I reiterate... it is a bad stock."


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