Jim Cramer's Mad Money Lightning Round, 4/9/08: Ivan Jilts Cramer

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Wednesday April 9. Click on a stock ticker for more analysis:

Bullish calls:

Honeywell (HON): “They got this Umbraer contract today... It's like a multiple... $20 billion... and the stock was barely up. That's wrong. I think HON has more things going for it... more positives.”
CSX Corp (CSX): “Just pulled back. Why not pull the trigger on CSX?”
Weyerhaeuser (WY): “…all the lumber stocks fell today. You got a great dividend …I think WY is just a terrific buy here.”
Exxon Mobil (XOM): “XOM is what we call on Wall Street, a core holding. They buy back a lot of stock. They have tremendously undervalued reserves …XOM is a great American company, and I'm never going to tell anyone not to buy it.”
Petrohawk Energy (HK): “HK is real good, and any of the natural gas stocks, on any discount, I'd buy.”
Verizon (VZ): “ …my feelings were hurt... Apparently, Ivan Siedenburg [CEO] sat down with Wachovia Corp. and not with Cramer... I mean, that's crazy …I'm starting to feel very unloved …VZ, come to Cramer...”
Mastercard (MA): “I like Mastercard first... I still like it on any weakness. Remember, it is not a play on retail, it's a play on transactions...”
Visa (V)
Atlas Energy Resources (ATN): “It's a hand over fist buy... pull the trigger. That is one of my absolute favorite plays, and you know I love the Marcellus Shale...”
Millicom International (MICC): “It's got momentum... it's got good earnings... It's just expensive, and a lot of expensive stocks are coming in. I want you to buy some...”

Bearish calls:

Cameco (CCJ): “I don't want uranium... It's too, too speculative for this guy. Everytime we've tried it, we've failed.”
YRC Worldwide (YRCW): “I don't want to be there... As a matter of fact, that's like my least favorite.”
Google (GOOG): “I am concerned that, if Steve Ballmer (CEO Microsoft) gets Yahoo! he is going to break price and affect pricing, and he can afford to do it. Also, the Google people have to start showing some discipline. They spend like drunken sailors..”
Trinity Industries (TRN): “TRN is a no-go. Why? … I realized that they're just not reordering those kinds of cars. It's just not a good play.”
Citigroup (C): “They're getting their arms around the problem. I'm going to say don't buy, but I'm starting to see signs of life, and... they're no longer on life support.”
Discover Financial Services (DFS)
American Express (AXP)

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Comments

[truckerblues:]

YRCW- I agree with Metzinger, I don't want to be there either, it's in a tail spin for sure, YRCW has focused on China and have forgotten where they started, the sudden retirement of YRC transportation president Maynard Skarka and the take over by Mike Smid CEO of YRC North American Transportation is questionable at best, but that is Bill Zollars, (AKA "Big Dollars Zollars") right hand man, the question now is, can Mike Smid handle both positions, not likely, he will be too busy playing CEO.

2008 Apr 10 09:24 AM

[pt3rosaur:]

Thing is on TRN, they have the hands in other fast growing industries like wind power, could that help them? Also, how does ethanol get to the coast? To my limited knowledge, there are no "ethanol pipelines" my guess is that it's going to be moved by rail, because moving it by truck just isn't cost effective.

2008 Apr 16 11:05 PM

[Healthy:]

TRN is grossly underpriced, and it has completed a bottoming process and is now turing up again. Cramer loved it at almost twice the price because he cannot evaluate stocks properly. Now at the bottom he hates it because it burned him. Now you know why he doesn't manage a hedge fund, He buys high and sells low. Which is why nobody listens to him. What a joke.

2008 Apr 21 01:26 PM