CSX Marks the Spot - Cramer's Lightning Round (5/21/08)

|
Includes: CCK, CLF, CSX, HSH, JWN, LEU, MMR, SYMC
by: Miriam Metzinger

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Wednesday May 20.

Bullish calls:

CSX Corp (NYSE: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 (NYSE: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 (NYSE: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 (NYSE:JWN): “Hey, great place to shop... No, I don't want to own that stock.”

Crown Holdings (NYSE:CCK): “CCK seems to have had too much of a run... Don't buy, dont' buy.”

Symantec (NASDAQ:SYMC): “It's had a big run. I don't like it here. I don't want to recommend it. Sell, sell, sell!”

Seeking Alpha publishes a summary of Jim Cramer's stock picks every day including: Mad Money Recap, Lightning Round, Stop Trading and Wall Street Confidential

Get Cramer's Picks by email -- it's free and takes only a few seconds to sign up.

Seeking Alpha is not affiliated with CNBC, Jim Cramer or TheStreet.com