Jim Cramer's Mad Money Lightning Round, 1/11/08: HOGs Get Slaughtered
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Research In Motion (RIMM): 'Growing at 30%. ... Because of inflation, no one wants to own a high-priced stock. ... All I can do is the fundamentals. ... Research In Motion is a buy.'
Costco (COST): 'If I own a retailer I want to own the best, and Costco is the best.'
Tenet Healthcare (THC): 'I want you to buy here. ... I see long-term results for this company.'
Yamana Gold (AUY)
Newmont Mining (NEM)
Barrick Gold (ABX)
Mosaic (MOS): Mosaic has been, without a doubt ... along with Agrium, along with John Deere, along with Monsanto, is an absolute fab find. ... It goes through $100 to $110.'
Bunge (BG)
Agrium (AGU)
Deere (DE)
Monsanto (MON)
Covance (CVD)
Bearish calls:
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Lowe's (LOW)
Harley-Davidson (HOG): 'A discretionary purchase of an expensive motorcycle that you do not need will not work.'
Oceanfreight (OCNF): 'No. People don't want to own the stocks. ... This one's not working. ... We're not at the bottom.'
Steak n Shake (SNS): 'The casual dining sector, other than Sonic is just so bad.'
FARO Technologies (FARO)
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