Jim Cramer's Mad Money Lightning Round, 12/19/07: Forbidden Citi

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Wednesday December 19. Click on a stock ticker for more analysis:

Bullish calls:

Guess? (GES)
J. Crew (JCG): 'Is run by the unbelievable Mickey Drexler, who also has a MadeWell division that's right.'
Molson Coors Brewing (TAP)
Thompson Creek (TC): 'You've got to buy more... Molybdenum is in short supply. This stock ran. It's come back down … Yes! I would commit the ultimate sin of averaging down … because the company's worth a lot of money.'
Intel (INTC): 'Is annihilating them bad! I'd rather see you in INTC. Take the loss and move into INTC.'
Schering-Plough (SGP): 'You've got to buy the stock, so I like SGP here... I think $2 down, and $5 up. That's the... I really do believe that this thing won't go below $24, and I believe in Fred Hassen... he has never failed.'
Magna (MGA): 'This is a very low-cost producer of auto parts... and, while it's come down a great deal - as has everybody in the industry - I don't think selling it down here makes a lot of sense.'
Johnson Controls (JCI)
MEMC Electronic Materials (WFR): 'WFR is making so much money, and is so product-constrained, that they can just bang all the solar companies…WFR is a total win here. Be careful... it's also at its 52-week high... It had a span of profit taking...'
First Solar (FSLR)
Copart (CPRT): 'CPRT has just been a monster stock, since we recommended it at $35-36. And, at $40, not only am I not backing away, but I want to buy more. Buy, buy, buy! The fundamentals are strong here!'
Koppers Holdings (KOP): 'I like rail exposure. They make the ties... the ties that bind the stock at $45... That's where it's going. I like the stock.'
Oshkosh Truck (OSK)
Goldman Sachs (GS): 'I want you to buy, buy, buy. I think that this company is head and shoulders better than the other guys and, yet, the price-to-earnings multiple is no higher. What an opportunity! Go take down (buy) some GS!'.

Bearish calls:

American Apparel (APP): 'I don't necessarily want to be in this at all... I don't like the bloodlines of it.'
Anheuser-Busch (BUD): 'It's not going to hurt you, it's not going to make you a lot of money... The best thing I can say about BUD is that it's better than it used to be... '
Citibank (C): 'I don't know that they're [the Fed] savvy enough to make it so that they do the right thing but, if they do, C is a buy... And, if they don't... Sell, sell, sell!... Forget about it...'
Advanced Micro Devices (AMD): 'Stay away from my Wall of Shame stocks, until the CEO goes.'
Pacific Ethanol (PEIX): 'If you bought it yesterday, up a buck and a half. I want you to actually ka-ching it (sell it)... I don't like the ethanol group.'
Spartan Motors (SPAR)
Force Protection (FRPT): 'I don't want you touching that at all.'

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Comments

[sliman:]

Cramer is wrong on American Apparel (APP). Stock is cheap based on sales and growth. Just go to one of their stores and check it out yourself. Going from 150 to 400 stores.

2007 Dec 20 10:48 AM

[awcabot:]

Jim Cramer is noxious to investors financial independence. The reason he has a following is from his acting style, not what he actually says. Next time please also provide Stephen Colbert's stock tips.

2007 Dec 21 07:25 AM