Cramer's Lightning Round - Ocwen Is A Predator Of Assets (4/18/12)

by: Miriam Metzinger

Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Wednesday April 18.

Bullish Calls:

Ocwen Financial Corporation (NYSE:OCN): "It is a predator of assets. It has been good at management of a book of business. It is a very well run company."

Las Vegas Sands (NYSE:LVS), Apple (NASDAQ:AAPL), Wynn Resorts (NASDAQ:WYNN): (the caller asked about selling LVS and buying Apple) "Don't hurt me like this. I like LVS and I like Apple. This Wynn news about this new casino is good news. I am not going to advise you to sell LVS and buy Apple. I am not going Solomon like this. I am not going to split that baby."

MeadWestvaco (MWV): "Slow and steady wins the race. We do think it is going higher and like it very much."

Solar Capital (NASDAQ:SLRC), Annaly Capital (NYSE:NLY): "The yield is is not really doing anything great right now, but it is safe...I think the company is going to do an okay job, but it is just there so you can get the yield. It is like Annaly, but Annaly has a slightly better yield, so it is a slightly better stock."

Neutral Call:

Westport (NASDAQ:WPRT): "Here is the problem with Westport. Cummins and Westport have become 'frienemies.' I don't want to go against Cummins, because it is the greatest manufacturer in the world. I have no opinion about Westport. I don't like this duel."

Bearish Calls:

American Water Works (NYSE:AWK): (caller wants to buy it as a defensive, long-term investment) "As long as you realize that is what it is. I am not crazy about how little it gives as a yield. I'd rather be in a utility, but I will bless it if that is what you want it for."

Orbitz (NYSE:OWW): "Total spec. Uneven earnings. Uneven revenues. I will like it if you keep it as a spec and not an investment."

Frontline (NYSE:FRO): "It is not my favorite (NAT is Cramer's favorite in the tanker space)."

MIPS (NASDAQ:MIPS): "They came on and told a story that did not come it was up on takeover talk. They came on air and talked a big game and they failed to deliver. If you fail to deliver, you do not get my endorsement."


Jim Cramer's Action Alerts PLUS: Trade right alongside a Wall Street pro! Start your 14-day FREE trial today.

Get Cramer's Picks by email - it's free and takes only a few seconds to sign up.

About this article:

Problem with this article? Please tell us. Disagree with this article? .