Jim Cramer's Mad Money Lightning Round Picks, March 6
Miriam Metzinger submits: Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Tuesday March 6. Click on a stock ticker for more analysis:
Bullish calls:
Arch Coal (ACI): 'It's been $30, give or take a point, for so long now that I'm beginning to think that there isn't anything that could move the stock ... you should not get discouraged. ACI is buying the stock back ... it remains in bull mode. Buy, buy, buy! '
Peabody Energy (BTU): ' ... and I'm throwing in BTU, because the coal companies are just too darn cheap. And even if the Democrats take over the White House... '
Universal Stainless (USAP): 'I like it ... '
Reliance Steel (RS): ' I also like RS, which always tends to lag and be a great second-day play...'
Terex (TEX): '... I caught a triple in TEX, and that's the horse that brought me here. I'm going right back to TEX. If you want industrial machinery, go to TEX.'
Manitowoc (MTW): ' I like it, but you know what? ... I like TEX and CAT more than MTW...'
Caterpillar (CAT)
Cisco (CSCO): ' It hugs $25. It didn't go lower during the nuclear selloff that we had last Tuesday... What does that tell you? It tells you to pull the trigger and go with Chambo!'
Amgen (AMGN): 'I have been struggling over this AMGN. I know, I recommended it at $66... Aranesp is in trouble. That's their anemia drug. I can't get any visibility, but at 14x earnings, perhaps the worst is over... I think it's down enough that you have to at least put a little more in ... I want to stay with AMGN.'
Bearish calls:
Seeking Alpha publishes a summary of Jim Cramer's stock picks every day including: Mad Money Recap, Lightning Round, Stop Trading and Wall Street Confidential Picks.Alcatel-Lucent (ALU): 'As long as that management team is in place, sell, sell, sell! From now on, I'm banning ALU from the Lightning Round.'
Consol Energy (CNX): ' You're going to be in an energy company that makes coal, I am going to refer you to... both ACI and BTU, which I like more than CNX.'
TiVo (TIVO)
Sonus Networks (SONS): ' Oh man, voice infrastructure. Look, I just think you're making life too hard, and I'm against that.'
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