Seeking Alpha
Profile| Send Message|
( followers)  

Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Friday May 13.

Bullish Calls:

Potash (NYSE:POT): "Everyone has suddenly decided the agriculture market is bad because the dollar is strong, because crop forecasts are too bountiful. Forget about that. I'm talking about a long-term trend of the middle classification of the world...Potash is a great long-term play. Those who sell it have no concept of the future, only of the next 15 minutes."

Goldcorp (NYSE:GG): "[Goldcorp] is a gold company, but sells silver as a by-product of gold. That way you are more diversified. GG is the stock you need."

CenturyLink (NYSE:CTL), Verizon (NYSE:VZ): "...I recommended CenturyLink when it broke down to $40. I think it is coming back. It has a solid yield...It is a great buy...but remember...this is the chance to start nibbling at Verizon going down for the first time of any consequence since the AT&T (NYSE:T) and T-Mobile (OTCQX:DTEGY) deal."

JPMorgan (NYSE:JPM): "Is the best of the best, but it doesn't matter. It is still a bank.... banks are revenue-challenged, and there is a new organization, a consumer protection bureau. JPM is the first that who will play by the rules...but I am bearish on banks...'Nuff said."

Baidu (NASDAQ:BIDU), Sina (NASDAQ:SINA): "Here's the problem... the Chinese market is falling apart...definitely the dot.coms. Sina is the trade. Baidu is the investment. I would stick with Baidu...Baidu I want to buy on weakness."

Bearish Calls:

Sina (SINA): "Sina is a dice roll...Sina is really tough...beware Chinese internet stocks; they are right now...poison."

Silver Standard (NASDAQ:SSRI): "Silver got killed...If you want silver, I'll send you to Goldcorp."

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::

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.

Source: Cramer's Lightning Round - Sellers of Potash Have No Concept of the Future (5/13/11)