Shipping is Shaping Up - Cramer's Lightning Round (5/27/08)

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Tuesday May 27.

Bullish calls:

First Solar (FSLR): “ I have been liking First Solar (FSLR). That has stalled.”

Applied Materials (AMAT): “I like Applied Materials (AMAT) as a hybrid tech play.”

Nordic American Tanker Shipping (NAT): “I happen to like the shipping industry, because I think it's making a very big comeback.”

Frontline (FRO): “…is actually down a dollar today, and it's off $5 from its high

Procter & Gamble (PG): “PG has got raw cost problems…but this is a superior technology company... Let's do this... those who don't care about the next six months... I think you take a position in PG. It's gone down enough.”

Caterpillar (CAT)

Petroleo Brasileiro (PBR): “My advice is to wait until that stock falls 10% from its high …We're almost there... PBR is right, because of the gigantic buyback.”

Bearish calls:

Capital Trust (CT): “ …the media is relentless in writing negative stories about these mezzanine lenders. I think they have a place in a portfolio. I have not been able to pull the trigger personally, ever, because I worry about that.”

LDK Solar (LDK), Diana Shipping (DSX)

Navios Maritime (NM): “I want to see the numbers.”

Capstone Turbine (CPST): “No. Too speculative for this guy. It's had a nice run… I can't get behind that spec, after it's doubled...”

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Comments

[gebby]

i have made alot of money going against cramers recommendations. i would buy ldk. i would sell fslr.

[nukldrager]

A lot of people share you experience. Why is he there?

[User 200888]

no way this guy can "see the numbers" for every stock he is talking about!

[vaduz]

these differnt oppinions make the market.
try to be more than 50% on the right side.

[autboy]

Cramer: hyper-kinetic entertainment for an ADD world. not serious investment advice. contrarian indicator, if anything

[maxbid]

Gebby, exactly my thoughts.....Do the opposite of Cramer and you'll be right over 65% of the time. Sell FSLR and buy LDK.

Some people have said that when Cramer recommends a stock it's the kiss of death and it immediately tanks.

Cramer is entertaining however you never want to follow his advice unless you want to throw money away.

[surgcare]

DSX just doubled its earnings . Good call !!!!!

[TERN]

I love Cramer, especially when he is in a confessing mood. Great entertainment and sometimes informative. As for following his advice: 50/50

[cos1000]

nyka.....wow this is and investment site, not grammar school or a spelling be, grow up alot, please.

gebby...I bought ldk at $34.50, was sold out of it at $41, and am now kicking myself for what I thought was a good trade when I saw it go to $46. Cramer is only now talking about it. I like it as a "green" play but am a little concerned about its Cayman Island Incorporation, as a China based company. I'm sure my fear is based mainly in my ignorance of this company's real potential, and fear of all things China. I agree that fslr has been over hyped, but it is a US company, under more transparency with the SEC. In the current climate for all things "Green" , it may still play, you just have to watch your entry points and watch out for the price of oil.

[cos1000]

nyka....oops be is bee

[MauiTrader]

lot of mean people here. :(

a lot of you need a hug

[floorboard]

He called CHK @ around 42-45 and it went to 60 in 6 weeks. His horizon seems to be 3-18 months for the most part so that needs be kept in mind.

[dedacive]

I read on the ldk yahoo blog and also by a friend who was watching the show that cramer said his first good thing about ldk. His comment was not bearish. and ldk will fly when they release news of their polysilicon plant. 46 is nothing. its worth as much as fslr!!