Jim Cramer's Mad Money Lighting Round Picks, May 15
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Miriam Metzinger submits: Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Tuesday May 15. Click on a stock ticker for more analysis:
Bullish calls:
Six Flags (SIX): 'We are big fans of Mark Shapiro... I like the advanced ticket sales. I like what he's doing. I am bullish on SIX, but I have to believe that you don't want to pull the trigger until it is below $6.'
Ford (F): 'People are believing in Alan Mulally [CEO}, and it's about time. He's shrinking the company ... we have heroes on Wall Street, not just villains, and Alan is one of the heroes!'
Wells Fargo (WFC): 'Best in show bank. 14x multiple. Unbelievable. WFC is good - don't buy, don't buy - but I want you to pull the trigger on GS!'
Goldman Sachs (GS): ' ... at $225, and I think it's going to $350... I want you to pull the trigger on GS.'
Peabody Energy (BTU)
Chemed (CHE)
Charter Communications (CHTR) 'CHTR's going higher! CHTR is now up almost a dollar from where we recommended it.'
J.C. Penney (JCP)
Kohl's (KSS)
Saks (SKS): 'Somebody upgraded it today. They're finally getting on board. I like that one too!'
Dick's Sporting Goods (DKS)
Lowe's (LOW)
Federated Department Stores (FD): 'That stock has gotten too cheap. I'd like to buy that. Buy, buy, buy.'
Sears (SHLD): ' ... is a stock that everybody now hates... (buzzer sounds)... Meanwhile, I say, c'mon. The guy's making money. Give him the BOD - give him the benefit of the doubt!'
Caterpillar (CAT): ' ... why would you not buy Caterpillar instead, which is best in show, much too low versus the rest of the group.'
Joy Global (JOYG): 'I like JOYG, but it is to CAT that I am pointing you to...'
Syneron Medical (ELOS): 'We're still sticking with ELOS ... We like the lasers. We believe in the dental laser. Has it taken off yet? Not yet, but we still like it. I would stick with ELOS.'
China Medical (CMED): 'The stock is good... A very strange combination of hospice and Roto Rooter... I am sticking by CMED. I would take a little off, because ... hogs get slaughtered... but CMED was a good one and it remains so.'
New York Stock Exchange/Euronext (NYX): '.... was so ugly today that... I've never seen such a bear raid on a stock ... The Euronext numbers that came out were great!'
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.Consol Energy (CNX): 'Keep looking! Don't pull the trigger! Don't buy, don't buy.'
Massey Energy (MEE): ' ... that one is just awful! House of pain...'
DivX (DIVX): 'I cannot get behind DIVX. That was one of the ugliest quarters out of the chute that I've ever seen... I cannot do the right thing when management screws up. I am not getting behind DIVX. No way, no how!'
Big Lots (BIG): 'BIG is not a favorite of mine.'
Sport Chalet (SPCHB)
Central Garden & Pet (CENT): 'Pass on CENT... Inconsistent. Not a great company. Way too levered to whether we have a good garden season, which is really bad. Sell, sell, sell!'
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