Cramer's Lightning Round - Wynn Is As Good As It Gets (5/24/11)

 |  Includes: AEM, BRK.B, GG, IR, LUV, LVS, MGM, VHC, WYNN
by: Miriam Metzinger

Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Tuesday May 24.

Bullish Calls:

Wynn Resorts (NASDAQ:WYNN), MGM (NYSE:MGM), Las Vegas Sands (NYSE:LVS): "LVS I like. I think WYNN is the strongest. I like MGM on a turnaround, and only then do I like LVS. Steve Wynn is as good as it gets."

Berkshire Hathaway (NYSE:BRK.B): "Warren Buffett and his team are terrific...I know they had trouble with that guy. I don't want to mention his name in connection with Warren Buffett...he is A-OK in my book... sometimes you just get had. I want to stay with Berkshire."

Ingersoll-Rand (NYSE:IR): "I am just shocked that IR hasn't broken up. There is so much value here. It is dramatically more than what it is selling for."

Agnico Eagle Mines (NYSE:AEM), Goldcorp (NYSE:GG): "I like (CEO of AEM) Sean Boyd. I think he is a terrific CEO...If you want to own a gold stock for investment purposes and not speculation, you need to be in GG. They have the best profile right now...the gold stocks have started to outperform the SPDR Gold Trust ETF (NYSEARCA:GLD), and it is about time."

Bearish Calls:

VirtneX Holding Company (NYSEMKT:VHC): "Is too hot for me. It has made some money. There is a lot of hot money in it. When I see hot money, I say...take some off the table."

Southwest Airlines (NYSE:LUV): "I don't have to own an airline...I don't want to recommend an airline stock."


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