Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Wednesday September 19.
Bullish calls:
Alexion (ALXN): “This has been one of our favorites. It has been a true high flyer. How can we like it as much as we did when it was lower? These companies that do targeting therapeutics … we like them.”
Vale (VALE): “I like it … China is showing some signs of turning. Wait for another drop and buy.”
Pfizer (PFE), Celgene (CELG), Gilead (GILD): “I think Pfizer is a buy. I think it can go up over time. PFE is a good stock. I like a lot of big pharma. I like Celgene, which is doing great, as well as Gilead.”
Bearish Calls:
Morgan Stanley (MS): “I’m not crazy about it. I’m not crazy about investment banking. I’m not interested in security sales. I’d rather own a plain, vanilla bank right now.”
Arcelor Mittal (MT), U.S. Steel (X), Nucor (NUE): “I don’t like the steel business. I don’t like MT or the letter X. Nucor said things are not good. I can’t take this group. It is too hard.”
Delta (DAL): “Oil goes down 3 straight days and airlines get a rally. So what do you do? Sell, sell, sell.”
Vivus (VVUS): “There is too much competition. I don’t like it. You have to take profits and ring the register in these diet pill stocks.”
Peabody (BTU): “I own this mistake. I say sell BTU on any strength in China. It is a sell, because the EPA is shutting down coal.”
Opko Health (OPK): “…. Has not been a good performer. It is down 10% … there is too much heat around this stock.”
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