Otter and Eagle - Cramer's Lightning Round (6/13/08)

|
Includes: ABX, AEM, AKS, AUY, DVMT, INGR, MAR, NOC, NUE, OTTR, RS, SQM, USB, WGO, X
by: Miriam Metzinger

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Friday June 13.

Bullish calls:

US Bancorp (NYSE:USB): "USB is an even better situation of all of them, with the possible exception of Wells Fargo, and I want to pull the trigger and buy USB for an oversold trading rally. I think it's the best one."
Sociedad Quimica (NYSE:SQM): "It's got the right kind of stuff that goes into batteries. It's got lithium... They also have fertilizer, so is a win, and I want to buy some right here."
Agnico-Eagle Mines (NYSE:AEM): "I would take Agnico-Eagle (AEM) as a better holding, because I think it's got faster growth."
Yamana Gold (NYSE:AUY): "At $14, I want to pull the trigger multiple times... buy, buy, buy!... Triple buy!..."
Otter Tail (NASDAQ:OTTR): "OTTR has got that DMI Division that does wind power. You don't want to get rid of that, have some horse sense. OTTR, even at $39 is a buy."
Northrop Grumman (NYSE:NOC): "I want to buy NOC. It's a cheap stock, it's a well-run company."
EMC (EMC): "It is unbelievably, poorly-acting…So, why do I stick by it?...Because in six months, it can start selling VMWare….I still want to buy it...But it is very frustrating."
AK Steel Holding (NYSE:AKS), Reliance Steel (NYSE:RS), United States Steel (NYSE:X)
Nucor (NYSE:NUE): "And finally, the cheapest of all is Nucor…I want to own NUE."

Bearish calls:

Barrick Gold (NYSE:ABX)
Winnebago Industries (NYSE:WGO): "It just uses too much gasoline...I can't go there."
Corn Products International (CPO): " …no, no ring the register...sell, sell, sell...It's at $40 bucks...you should take your profit...I don't want to touch it."
Starwood Hotels & Resorts (HOT): "We're not in the hotel game with oil trading up with gasoline at $5 bucks...we're getting out of that game."

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