Jim Cramer's Mad Money Lightning Round Picks, 9/24/07
Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Monday September 24. Click on a stock ticker for more analysis:
Bullish calls:Sirius Satellite Radio (SIRI): 'If the deal fails, SIRI will be more likely to survive than XMSR. So, let's get rid of XMSR - sell, sell, sell! - and let's buy SIRI.'
Cummins (CMI): 'I don't want to walk away from CMI... I still think it's a world-dominating company. But I've been saying my theme tonight is take a little bit off the table.'
Sunpower (SPWR)
First Solar (FSLR)
Celgene (CELG): 'Another52-week high and I'm not backing.'
Caterpillar (CAT): 'I do believe that CAT goes down before it goes up. So I want to buy it... Let it come in. This market wants to come in. That one wants to come in with it...'
US Steel (X)
Reliance Steel (RS)
China Finance Online (JRJC): ' … take you're money out. Let the rest run, and you've got a shot at making hundreds of thousands of dollars. That's the way you should play it.'
Bearish calls:
Headwaters (HW):' I think that there are so many better plays in the alternative energy sector… First Solar is better…Sunpower is better…
XM Satellite Radio(XMSR): 'If the deal fails, SIRI will be more likely to survive than XMSR. So, let's get rid of XMSR - sell, sell, sell! - and let's buy SIRI.'
Tribune (TRB)
Blockbuster (BBI): 'I don't have a good view of this stock right here, so I am going to say don't buy... It's a very competitive universe out there. It's too hard for me.'
Fossil (FOSL): ' I would rather be a seller than a buyer of FOSL, after that much-better-than-expected quarter. I want to take money off the table...'
CIT Group (CIT): ' $8 down, maybe $11 up... That's not a good risk/reward. I am telling you right here, don't buy, don't buy.... Do not buy CIT...'
Amgen (AMGN): 'I have not liked AMGN as much as Celgene.'
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