Iron Man Is a Marvel - Cramer's Lightning Round (5/1/08)

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Thursday May 1. Click on a stock ticker for more analysis:

Bullish calls:

Wal-Mart (WMT): “ …We're only buying four retailers... we're buying Costco, we’re buying TJX, we're buying Urban Outfitters, and we're buying Wal-Mart."
Costco (COST), TJX Companies (TJX), Urban Outfitters (URBN)
Marvel Enterprises (MVL): “I'm in Ironman, so it's definitely big... and I think MVL is a winner. Their movie gambit turned out to work. I would pull the trigger, ahead of the big opening.”

Bearish calls:

Callaway Golf (ELY): “There's a secular slowdown in golf... as much as we think there's a lot of business done in golf, it is in a declining industry, so I am not going to recommend ELY.”
Cato Corp (CTR): “No, no... that's a retailer. We're only buying four retailers
Melco PBL Entertainment (MPEL): “I have hated it since $18. I wish I had hated it since $21. I don't want anything to do with gaming.”
International Game Technology (IGT): “I don't like International Game Technology anymore, although it's down all the way.”
Las Vegas Sands (LVS): “ …is no-go. I've been negative on that.”
Wynn Resorts (WYNN): “I don't care that it's up. I want you to sell it.”
Penn National Gaming (PENN): “I don't think that deal ever closes.”
Sapient (SAPE): “First of all, it's that kind of software that I don't really care for. Second, the management turnover there has just been a nightmare.”
CapitalSource (CSE): “ I don't like the REITs... sell, sell, sell!... mortgaged, levered business. I want you to stay out of that.”

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Comments

[Richard Col...:]

Cramer is like all these other advisers. He follows the leader. When a stock is up, he recommends it. When it's down he calls a sale. All you have to do is buy Investors Daily Journal for a buck.
Cramer is the type of person who buys high and sells low.

2008 Jul 07 11:22 PM

[Richard Col...:]

Who in the world would listen to Cramer? Haven't you seen enough of his NOTHING? If you want to get rich in the market, listen to him only, to buy everything he DOESN'T LIKE. Make some money for yourself, accumulate WYNN and LVS now.

2008 Jul 07 11:36 PM