Cramer's Lightning Round - Cloud Peak Has Peaked (4/9/12)

by: Miriam Metzinger

Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Monday April 9.

Bullish Calls:

Caesars Entertainment (NASDAQ:CZR): "I like that stock. It is a heavily levered company. They are going to fix up that balance sheet, and are okay to own. I have been negative, but I am a believer that the balance sheet is going to get better."

Priceline (NASDAQ:PCLN): "I share your bullish enthusiasm. They are doing everything right; they have a great business model and great worldwide growth. You stick with it."

Las Vegas Sands (NYSE:LVS): "...I'm going to stick with LVS."

Bearish Calls:

Cloud Peak Energy (NYSE:CLD): "It came and went. It made a lot of money for people with the IPO, but it is not cannot own coal."

Conn's (NASDAQ:CONN): "Consider yourself in great shape to make a sale. Ring the register. That is a tough industry."

Manitowoc (NYSE:MTW): "It's need a strong economic growth scenario to buy that stock. We don't have such a horrible market that I want to sell. It is just a 'don't buy.'"

MGM (NYSE:MGM), Wynn (NASDAQ:WYNN): "MGM has been okay...I've been a Las Vegas Sands backer...more than Wynn because of internal problems with Wynn."

Portfolio Recovery Associates (NASDAQ:PRAA): "I'm worried because they recover people who have defaulted, and we've got to cut down on that. I'm not going to be a buyer."

Delphi Automotive (NYSE:DLPH): "We are building a lot of cars. This stock has had such a run. I would buy it under $30. We have to be price sensitive. Don't buy it now."


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