CSX Marks the Spot - Cramer's Lightning Round (5/21/08)
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Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Wednesday May 20.
Bullish calls:
CSX Corp (CSX): "I'd like a little pullback…CSX remains my favorite rail. A lot of agricultural exposure there. If autos ever came back, that stock goes to par, which is genuine Wall Street jibberish for $100.”
McMoRan Exploration (MMR): “Ring the register on one-quarter of your position. Let the rest run. It is the year of natural gas, but I also know when I've been too greedy...”
Cleveland-Cliffs (CLF): “If CLF pulls back... it's not a big company... We buy it in the mid-$70s, we buy it in the low-$80s... then I'd feel better.”
Bearish calls:
USEC (USU): “Bearish! Bearish! Don't touch it.”
Sara Lee (SLE): “I've got nothing good to say about SLE. They know nothing at SLE.”
Nordstrom (JWN): “Hey, great place to shop... No, I don't want to own that stock.”
Crown Holdings (CCK): “CCK seems to have had too much of a run... Don't buy, dont' buy.”
Symantec (SYMC): “It's had a big run. I don't like it here. I don't want to recommend it. Sell, sell, sell!”
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