Jim Cramer's Mad Money Lightning Round, 3/18/08: Apple Ripe for Picking

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Tuesday March 18. Click on a stock ticker for more analysis:

Bullish calls:

Goldman Sachs (GS): “These guys are just fabulous! They're working for you! They bought back stock I'd rather own GS, up $24 [than MER]... buy, buy, buy!...”
Foster Wheeler (FWLT): “You want an infrastructure play? FWLT, at $55, and there's a huge seller, so you'll be able to buy it pretty darn cheap... “
Hudson City Bancorp (HCBK)
FMC Technologies (FTI): "They are the ones that are making the best energy production stuff... That stock was up $4 today, and it's still not too late."
GlaxoSmithKline (GSK): "I did a lot of work on GSK. All I can tell you is the dividend is so safe."
Schering-Plough (SGP): "That's why I'd rather be in an earnings growth story, with a weak dollar kicker, which is Schering-Plough."
US Bancorp (USB): "USB and WFC both picks... for trades only... in order to be able to gain when the next bank goes belly-up, and there will be some..."
Wells Fargo (WFC)
Research In Motion (RIMM): " I think RIMM is having a great quarter, and I'm not backing away from that one."
Apple (AAPL): " And I'm now liking AAPL, as it got to that $125 level..."
Frontline (FRO): "That's the one I'm going to stock with. I like that dividend best." - Freeport-McMoRan (FCX)
Southern Peru Copper (PCU): "I think it goes higher!"

Bearish calls:

Merrill Lynch (MER): “I think MER had a big move today. It's up $5. I can't recommend that one.”
Fluor (FLR): “ I don't mind that stock. It was up huge today... up $11.79.... that's a big move.”
Penn National Gaming (PENN): "You know, I'm not an arbitrager, so I am not going to recommend that stock... don't buy, don't buy."
MBIA (MBI): "Well, I don't really care for that group." - Cramer's Take - Stockpickr), Flotek Industries (FTK): "They delayed their filing of their 10-K... That's never positive."
Ford Motor (F): " …all I would recommend, is the preferred... not going to recommend the common."
Dryships (DRYS): "I saw it was up $6... I had stayed away from that group for a long time."
Cornell Companies (CRN): "They lost a big contract last week. I didn't like that. It's not a group I really like. They're too beholden to government spending... don't buy, don't buy."
Crocs (CROX): "I'm not a CROX believer. I think there's too many knockoffs... I don't want to be there."
American Apparel (APP): "I don't like the management... I don't like the way they handle themselves."
Southern Peru Copper (PCU): "I think it goes higher!"
Wachovia (WB)

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Comments

[IXLR8:]

It's cute that Cramer is getting dotty in his old age. Some time back, he said that Ford had great management with Alan Mullaly. Then, the stock declined about a buck. Cramer then said, when the stock hit $7, that we should jump in--at $7 it was a real buy. Now, it is below $6, and he is saying stay away from the common. Jim Cramer: I used to be indecisive, but now I'm not so sure.

2008 Mar 19 11:41 AM

[Cramer Apparel:]

Do you think that Cramer can affect the stock prices of a company like American Apparel?

With headlines all stating that American Apparel March sales surged 28.7% one would think that the stock price would rise. ...

BOooooooooooooooyyyyyy...

2008 Apr 11 07:21 PM