Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Tuesday June 10.
Freeport McMoRan (FCX): “I think that FCX is the most pro-shareholder management in the minerals business…I would stay long it. Below $115, you've got a real gift.”
Canadian Solar (CSIQ): “ …it's a good speculative play. I have not gotten behind any of the solars, because I have been so busy recommending wind stocks,”
strong>Costco (COST): “I would much rather see you buy Costco under $70, than pull on COH.”
Skyworks Solutions (SWKS): “I think it’s been able to differentiate and have enough proprietary technology... Obviously, it’s chips... you're talking about a different kind of proprietary technology. But that's the only one [commodity technology company] I'm behind.”
Monsanto (MON): “The stock has had a phenomenal run... truly phenomenal. I am concerned that you'll be coming in at a level that I think is a little too high. Why not wait? If oil goes under $130…you'll be able to buy MON in the $120s.”
Sony (SNE): “You know, SNE is one of those companies where it's not as bad as it used to be…Nintendo is so much better…Not a great stock, not a bad stock. I would put it in the 'don't buy' camp”
Coach (COH): “ ..it's now moved up 8 straight points, and I do not like retail…So I am going to say no. Wait until it goes lower.”
SanDisk (SNDK): “I don't like commodity technology plays. In the end, SNDK is a creature of other companies coming in and slicing their margins. I've been against the stock since $50. It's difficult.”
Apple (AAPL): “You should have sold 3/4 of your AAPL... The other 25%... we're holding on for dear life. There's no need to sell it, because it's the house's money.”
Starbucks (SBUX): “I told two things to Howard Schultz... You need 18 months. That's how long it took to turn around McDonald's …And second, they've got to cut stores…They're still not doing that. My target for this stock would be around $25, 18 months from now.”
Brunswick (BC): “I can't behind BC… but things are over-running these companies right now, and I can't be a buyer of that stock, as much as I like it.”
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