Cramer's Lightning Round - The Unusual Oil and Gas Driller (4/1/11)

 |  Includes: CPX, GTLS, HRS, MAKO, MO, SB, SNV, TDC, VALE
by: Miriam Metzinger

Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Friday April 1.

Bullish Calls:

Complete Production Services (NYSE:CPX): "I think that the drillers are great. That is a really great situation. I would buy it... the fact it is not at its 52-week high makes it the unusual oil and gas driling company."

EMC (EMC): "Verizon is very interested in of these data centers...could you just buy EMC? That has much less risk (than Teradata)."

Harris (NYSE:HRS): "I like Harris very much...very inexpensive stock...a good takeover candidate. I like it for earnings. I think they could break it up too."

Vale (NYSE:VALE): "Is under pressure because there is a lot of politics going on in Brazil about who should run it. The fact it is behind BHP Billiton (NYSE:BHP) and Rio Tinto (NYSE:RIO) right now in terms of where the stock probably a good opportunity. It is the best run of all of them. The fact you have the World Cup in Brazil and the Olympics...there is a lot to like, and they sell a lot of stuff to China...I would buy Vale."

Altria (NYSE:MO): "I think Altria goes higher. It is really one of the best-run will see that this company created very good value (by splitting up)...Altria is a moneymaker...but I know it is politically sensitive."


MAKO Surgical (NASDAQ:MAKO): "I don't know it...we have to do work on it."

Safe Bulkers (NYSE:SB): "This is one I want to find out if they can pay the yield. I want to do the homework. It is a stock I want to do more work on...this is a new tanker company to me. "

Bearish Calls:

Chart Industries (NASDAQ:GTLS): "First of all, I think this is brilliant. we had the CEO on (Sam Thomas)...he is absolutely had a great trade. May I advise you not to look back? You had a fantastic trade...if it goes back down to $48, I'll be there telling you to buy it. But now I want to say 'Congratulations.' You have made a huge amount of money."

Synovus Financial (NYSE:SNV): "I look at it constantly every other Friday for Speculation Friday. I tell you the truth. I don't like it...just because it has a low price doesn't mean it is going to make a turn here. That bank has a lot of work to do before it is on solid footing at all."

Teradata Corporation (NYSE:TDC): " A good company... a lot of people think they are getting taken over. I'm not going there...that could go down 10% in a heartbeat...I don't like that, although the business is is up on takeover speculation."


Jim Cramer was up 31% in 2009. Click here now to sign up for Jim's Action Alerts PLUS and trade alongside him. Special discount for Seeking Alpha users.

Get Cramer's Picks by email - it's free and takes only a few seconds to sign up.