Cramer's Lightning Round- Everybody Got Alcoa Wrong (4/25/11)

by: Miriam Metzinger

Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Monday April 25.

Bullish Calls:

Alcoa (NYSE:AA): "Everybody's got Alcoa wrong. AA had a strong, good quarter, and aluminum is going up... and the stock is going ahead. I am a buyer of AA... we (the chartiable trust) have been buying it endlessly...we think it is going to be one of the best performing stocks in the Dow."

Interactive Brokers Group (NASDAQ:IBKR): "I see all the acquisitions in this group... it is amazing... the consolidation that is going on. I want to be in this one. These companies are doing everything right. When business picks up, these companies are going to make a fortune."

InterDigital (NASDAQ:IDCC): " an example of a situation I often confront in this business. The stock went up huge after I recommended it... did I say sell, sell, sell? No, I should have said, "Take some off the table," and I didn't, and now we've round tripped... it is one of the biggest sins that you can do. That said, at this price, I would buy, buy, buy, but this is the example of what I often get criticized for: "Jim, you are churning, you are taking profits... no I just don't want to give up gains. If you want to give up gains, go watch the other guy."

Buffalo Wild Wings (NASDAQ:BWLD): "Is a company where we had management on, and they are terrific. This is what I do when I want to buy a stock at its 52 week high. First, I like to put on a quarter to a half of my position. So if I want to buy 100 shares, I would only buy 25. Then I wait for the market to take it down maybe 5-8%. That stock is in bull mode. I'm a buyer of BWLD. They have a lot of the country to expand in and that management is fabulous."

Bearish Calls:

Panera (NASDAQ:PNRA), Chipotle Mexican Grill (NYSE:CMG): "Here's what I want to do, after CMG reported a number I didn't think was that great... it still is not too late to take a little off the table. I've run this one from 50... the same is true of Panera... I would sell it. The money has been made, and we are being too greedy... I'm getting greedy on CMG. I'm getting greedy on PNRA. I want to change it, and I think we should take a lot off the table... take as much off the table and play with the house's money, and then we are golden."

Hudson City Bancorp (NASDAQ:HCBK): "Hudson didn't deliver... they did get in trouble. They made some right moves, but we don't like banks that get in trouble... if that means violating the praise of a company we liked before, we have to do it. Hudson is in the penalty box... I don't need to own HCBK... in fact, HCBK screwed up and that is too bad because they are nice people."


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