The CAT's Meow - Cramer's Lightning Round (5/14/08)

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Wednesday May 14. Click on a stock ticker for more analysis:

Bullish calls:

First Solar (FSLR): “You ain't seen nothing yet... FSLR, at a 52-week high today. The only business model with thin film so, therefore, they can ramp the numbers.”
Apache (APA)
Devon Energy (DVN)
Bristol-Myers Squibb (BMY): “I think this company is worth $28-30, and you're paid to wait, with that bountiful dividend. Do not give up on BMY!”
HJ Heinz (HNZ)
Caterpillar (CAT): “Forget Deere, I want to buy CAT! CAT, at $81, is a screamin' buy...”
DuPont (DD): “DD is a miraculous turnaround company. It never gets enough credit, and I am determined to get people into DD, as I have since it was at $45.”
Goldman Sachs (GS): “Lloyd Blankfein [CEO] has consistently made money, and he is the most underpaid man on Wall Street.... I think the stock goes through $200. I think you should stick with GS.”

Bearish calls:

Yingli Green Energy (YGE)
Nextwave Wireless (WAVE): “No... Skip the WAVE... That's like Clearwire …Sell, sell, sell!.... Those stocks are poisonous!”
Clearwire (CLWR)
RAM Energy Resources (RAME): “I don't want to go crazy on it, when I've got fine stocks like APA and Devon Energy pulling back. I'd rather see you in a major than a minor...”
Electronic Data Systems (EDS): “I'm in the camp which says that this (deal with Hewlett-Packard) may not be that great an idea yet. We are not arbitragers... Sell, sell, sell! “
Hershey Foods (HSY): “ …we don't like the fundamentals of HSY, so I'm going to give it a don't buy...”

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Comments

[retepog:]

YGE earning beats estimate by .10 cents. why bearish? solar needs grids to function right?

2008 May 15 10:10 AM

[Chorniki:]

Blankfein may make money, always. Who cares? Has he made any money for the owners of the company? Since October, 2007 GS at
$250.00 high has traded as low as $140.00. Simple market fluctuation,
right? Today at $188.59 and slumping.
Mr. Dan Sparks and Mr. Josh Birnbaum should be invited to an SEC
meeting investigating the rationale used to convince Hank Paulson
to allow them to trade tens of millions on sub-prime mortgages. Mr. Paulson certainly will have credible deniability. Nevertheless, he did have to approve the scope of the two gentlemen's trading. What did
these two gentlemen know that made them so confident to make
such outlandish trades? Certainly, they must have been aware of
the enormous demand being made by the investment banks for more "product". Anyone have any idea how that "product" was being generated to as to satisfy the demand from the investment banks?
Hint: ask any ambulatory notary that worked for the big banks
supplying the investment banks request for more "product".
Please ask the notary if any clients refused to sign the "docs" and if
the answer is "yes", why did those clients refused to sign?
Advertise for such "refuseniks". If a sufficient reward is offered, there should be many who will answer the call.

2008 May 15 08:07 PM

[buyforeclos...:]

retepog I agree... But besides that HOW can you be bearish on YGE when it has a P/E of 1.64 and and a PEG of .40? I really don't thin Cramer knows the techs of YGE and needs to examine it a lot closer

2008 May 30 09:35 PM