Sony Not Just a Flash in Japan - Cramer's Lightning Round (6/16/08)

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Monday June 16.

Bullish calls:

Oceaneering International (OII): “I would buy that company on any dip. You have a winner there.”
FMC Corp (FMC): “ …may I throw in FMC Corp and Core Labs as two other great ones."
Core Labs (CLB)
HJ Heinz (HNZ): “The only food company I'm behind here is HJ Heinz because they're the only ones who made the quarter."
Sony (SNE): "I think the yen is coming around and Japan is coming around. I think I'm going to get behind Sony here."
Visa (V): "I like Visa very much. I like Mastercard more. Those that are buying these two are doing it right."
Mastercard (MA)

Bearish calls:

Cal-Maine Foods (CALM): “No, this is a commodity play.”
HNI Corp (HNI): "I can't get behind a furniture play.”
Teradyne (TER): “No, I don't like that group. Wall Street is always excited about that group, but Wall Street is WRONG!"
Allied Capital (ALD): “You've got everything going against you here. It's not too late to sell."
Accuray Incorporated (ARAY): “No, we don't like Accuray. They're a poor man's Intuitive Surgical and we don't like them either.”
Apple (AAPL): “I want you to sell 3/4's of your position if you haven't already, but let the rest run."
Intuitive Surgical (ISRG)

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Comments

[Shorting Should be Banned]

The Disney Corp. has flourished without Walt Disney so anyone who thinks Apple will be significantly different without Steve Jobs is short sighted, to put things politely.

[aapladay]

Agreed. It takes more than one man to do what Apple has done. I am sure that Steve has influenced a great many people he has worked with as well. But I would not EVEN assume the rumors are true.

[kbear2]

Thank goodness few people listened to Cramer. Maybe they're getting wise to him.

[brewer]

If this goes down any further, I'd be glad to buy some of your APPL shares you so stupidly are selling. I have been buying on dips for this one all along, and it's the best stock I've ever seen, and the news just keeps getting better. I guess Craymer is just sellling cyclically, but with this stock, it's easy to sell when you should have held. WWDC has come and gone, but the value is still quite high, and will only go up once the news of the 3G iPhone hits home and they start sprouting up like iPods everywhere you go.

iPhone is much cooler than iPod was, actually.