Cramer's Lightning Round - Netflix Shorts Have Overstayed Their Welcome (1/25/12)

by: Miriam Metzinger

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

Bullish Calls:

Netflix (NASDAQ:NFLX): "A quick glance (at the conference call), it looks like they have done many things right...the shorts have overstayed their welcome...looks like they've got some momentum. We have to do more work on that, but that is the first cut."

Teck Resources (NYSE:TCK), Freeport McMoRan (NYSE:FCX): "I like the resource stocks. Freeport is better than Teck, but Teck is good...I like the momentum of copper right here."

Eaton (NYSE:ETN): "We are going to hear soon about their earnings...CEO Sandy Cutler is doing a great job. If it is going to be a bad quarter, we are going to have to figure it out, but I think it is going to be good."

Manitowoc (NYSE:MTW): "That is a controversial stock, but with Caterpillar flirting with $109, MTW, which is a crane company, can be bought. That balance sheet is not a delight, but MTW can work its way higher."

CSX (NYSE:CSX), Union Pacific (NYSE:UNP): "(CSX) CEO Michael Ward did a great job on the call, but the best is Union Pacific, even though it is much higher in terms of its move...that is best in show. If UNP comes down, pull the trigger."

Nordstrom (NYSE:JWN), Ross Stores (NASDAQ:ROST), TJX (NYSE:TJX): "I would hold on to is not my favorite. I like ROST and TJX more, but JWN is really good."

Provident Energy (PVX): "We had to ring the register on that after the deal. We made money on that. No, you can hang onto that...we'll see what happens. That is a good one."

Bearish Calls:

Corning (NYSE:GLW): "Anyone involved with that TV business, whether they buy or sell them, is not a stock for me."

Amkor (NASDAQ:AMKR): "I don't like the testing business. That stock has had a big run, but I do like the semis."


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