Jim Cramer's Mad Money Lightning Round Picks, 6/20/07

Miriam Metzinger submits: Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Wednesday June 20. Click on a stock ticker for more analysis:

Bullish calls:

Google (GOOG): 'Remember, regard this stock as a $50 stock, divided by 10. That's how you get your arms around it... People are getting really scared. $509... really scary... No!... It's a $50 stock that I think goes to $60!'
EMC (EMC): 'It's probably one of the richest tech stocks there is. But I have become convinced that their model is working, and I am going to join those who say that the $21 price target is right.'
Guess (GES): 'If you want teen, I am going to give you Guess?- which has run a lot.'
J. Crew (JCG): '... has still run a lot, and still could go higher.'
Vodafone (VOD): 'Very undervalued! 5% yield ... I think that, at $31, you want to pull the trigger. I am very bullish on VOD after that magnificient quarter. A great pastiche of properties all over the world.'
AT&T (T)
Verizon (VZ)
RBC Bearings (ROLL): ' ... the company just announced a big buyback. The stock's getting hit. I think you've got horsesense. I would stick with ROLL. I would buy some ROLL...'

Bearish calls:

Las Vegas Sands (LVS)
American Eagle (AEO): ' I think it's too dicey. You know, we've got a tough market here. The last thing I want to do is to just delve into, like, what the teens want.'
Abercrombie & Fitch (ANF)
Aeropostale (ARO)
Foster Wheeler (FWLT): 'Not only am I saying don't buy FWLT... I would rather see everyone sell some FWLT. I cannot have it on my conscience if they give up that unbelievable gain... '

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Comments

[jana_kuner:]

Abercrobmbie & Fitch is def not a good pick. they have a new campaign to cover store fronts with black shutters much like Hollister. Sales trends have shown that as stores put up the shutters sales drop. Customers can't see into the store from the window and thus window shopping declines. You have to intend to go into the store to purchase no more "Oh I like that from the window and I think I'll go in". All A&F stores should have blinders up by August. Get out while the gettins good.

2007 Jun 21 11:23 AM