Zoltek Blowing in the Wind, Cramer's Lightning Round (4/23/08)

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Wednesday, April 23. Click on a stock ticker for more analysis:

Bullish calls:

JPMorgan Chase (JPM), Hudson City Bancorp (HCBK), Goldman Sachs (GS)
Sempra Energy (SRE): "This is a company that was spun off and is a fantastic natural gas play. I love this group!"
Temple-Inland (TIN): "If we get any lift in the economy, this one will be fabulous. I wish I owned some myself."
Molson Coors (TAP): "Buy some TAP."
Philip Morris International (PM): "People have been criticizing me for this one and but after that beautiful quarter they reported, people need to call me and apologize."
Altria (MO)
CSX Corp (CSX): " …thumbs up to CSX Corp."
First Charter (MCF): "There's no real edge to this one. I'm not crazy about it. It's not a bad company but I see no reason to own it."

Bearish calls:

State Street (STT)
Rambus (RMBS): "I just can't go positive on tech after just one good number. I'd be selling some Rambus here."
Penn National Gaming (PENN): "The only casinos that are doing well are those in Macau. Penn is down a lot and it might not be done."
Anheuser-Busch (BUD): " Sell the Bud, and buy some TAP."
Zoltek (ZOLT): "I like wind power, but I didn't like their last quarter. Zoltek is an inconsistent player, I want to sell that one."
First Charter (FCTR)
Trinity Industries (TRN): "No, I feel the rail cars aren't a good business. I say thumbs down to Trinity, but thumbs up to CSX Corp."

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Comments

[Sheik T:]

Agree that Zoltek may not be the best run company, but they are in the right business at the right time and will make a lot of money barring a cataclysmic event within their very thin management ranks.

2008 Apr 24 03:14 PM

[ladders11:]

Again with Jim: What is the point of making a call on a stock like PENN with a pending merger? They're getting the approvals and the stock will be at $67 when it's bought.

2008 May 01 04:41 PM

[kuch:]

jimmy, MCF ticker is not first charter......duh? its contango oil and gas and they're up for sale. a big long here i would say!

2008 Jun 18 07:09 AM

[kuch:]

jimmy......MCF is not First Charter as your article states.....duh? Its actually Contango Oil and Gas and its on the auction block. why are you not excited about this play? tell me, grasshopper. i say go long!!!!!!!!!!!

2008 Jun 18 07:14 AM