Jim Cramer's Mad Money Lightning Round 10/2/07: Bucyrus Comes Back 4 comments
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Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Tuesday October 2. Click on a stock ticker for more analysis:
Bullish calls:
Bucyrus (BUCY): ‘I remember when it first went bankrupt and they came out of bankruptcy. It's all been good since then.’
Caterpillar (CAT): ‘ … as much as I like BUCY, I prefer Caterpillar … is a little down more from its high than BUCY, because it has more housing exposure.’
Vasco Data Security (VDSI): ‘ … even though it hit a 52-week high today, I like it but, remember, for actual big software now, I've been recommending Oracle.’
Oracle (ORCL): ‘ I’ve been recommending Oracle, because they had a truly blowout quarter... buy, buy, buy!’
Google (GOOG): ‘I believe the stock can go to $700. Remember, it's a $600 billion advertising market. I think that they could take $10 billion of it, and still not be done.’
Norsk Hydro (NHY): ‘You know, this company does have it all, and I've been trying to find a reason to recommend it... Memo to staff, let's do a little NHY work..’
BHP Billiton (BHP)
Sociedad Química y Minera de Chile (SQM)
National Oilwell Varco (NOV): ‘Even up here, they have a hammerlock on building rigs... Even up here, I would buy NOV...’
Nastech (NSTK): ‘NSTK is more speculative than yours, but more ways to win... Obesity. We've got diabetes in there. We've got autism in there. We've got RNAI.’
Agrium (AGU)
Apple (AAPL): ‘I think the numbers are too low... It's been one of my favorites.’
Research In Motion (RIMM): ‘I wish I could get a pullback. I don't know if I can.’
Transocean (RIG):‘I am telling you … that stock's going back to its 52-week high of $120.’
Cytyc (CYTC): ‘It is now up literally 8 points from where I recommended it last week … I am not done recommending it. I know normally I would be. But the merger's so powerful, I see $70.’
Bearish calls:
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ViroPharma (VPHM): ‘Holy cow... I almost did myself in on that one... that was one of my worst picks ever... sell, sell, sell! No. That company is just a choke artist!’
Xinhua Finance Media (XFML): ‘ I was having an interview today... asking me about why I don't recommend more Chinese stocks … and the answer is, I don't know how to interpret the financials.’
Terra Nitrogen (TNH): ‘I can't get a handle on it, because it's too crazed... it be crazy!’
Sirius (SIRI) ‘That stock has to pull back, because I still don't trust congress to do the right thing... they've held more hearings on this than they have on Iraq!’
Schlumberger (SLB): ‘I would sell some Schlumberger (SLB) here and buy some RIG!’
Wynn (WYNN): ‘I still like it, but it is so hot that I've got to be careful… don’t buy, don’t buy!’
‘No, I think it just ran a little. I'm not a big buyer of that one - sell, sell, sell!’
Baidu (BIDU)
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This article has 4 comments:
On 9/26 the day after his buy recommendation video he stated on the lightning round Don't Buy wait until $12 dollars I like it at $12.
Now on 10/03 lightning round he wants you back in nstk because of RNAI and then he mentioned obesity & diabetes. Is it because the stock ran up yesterday and today at NSTK"s luncheon there is a guest speaker re:RNAI ? Well todays guest will speak about
"POTENTIAL APPLICATION OF RNAI" POTENTIAL IS POTENTIAL!
LASTLY IT IS EQUALIY POTENTIAL THAT COME MARCH 2008 WHEN THEIR YEAR END EARNINGS COMES OUT THAT NSTK WILL SET NEW LOWS! "TO MUCH HYPE AND IT IS UNWARRANTED".
"I LIKE IT AT $12 DOLLARS"?
Between over hype and unpublished items, an investor is totally mislead to a degree. We need fair balance and that calls for someone like Michael Shulman from Biotech Blitz. Read his articles about RNAI.
NSTK WILL CONTINUE TO GO DOWN BECAUSE THE YEAR END EARNINGS REPORT IS WORST OF ALL COME MARCH 2008! GIVE IT UP CRAMER, STOP BEATING THE NSTK DRUMS!