Bullish on Coke - Cramer's Lightning Round (8/12/08)

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Tuesday, August 12.

Bullish Calls:

Coca Cola (KO) -- “I am bullish on Coke. They reported a strong quarter and have costs under control.”

Apple (AAPL) -- “Apple is a buy. Apple is known for its wild price swings so I don’t want people to buy an entire position at once. Buy small increments as the price declines.”

Transocean (RIG) -- “Oil and gas have come down enough that Transocean can be bought.”

Linn Energy (LINE) -- “I am bullish on natural gas stocks right now. This stock is a great value.”

Cal-Maine Foods (CALM) -- “I like the fundamentals. I likes the stock but I urge caution because Cal-Maine is so close to its 52-week high.”

Meadowbrook Insurance (MIG) -- “The stock has potential as a speculation play only. It’s a very small company, so do your homework before you decide to buy.”

Bearish Calls:

VisionChina Media (VISN) -- “Fertilizer is in a world of hurt. I can’t get behind IPI.”

iStar Financial (SFI) -- “This company is high risk. Even down here I don’t trust it.”

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Comments

[Lu:]

A Cramer's pick from June; Sun Hydraulics, (SNHY) is trading at $32 which is $10 down from it's 3 month high and their latest earnings report on Aug 5th beat the estimate by 7%. Is is time to revisit SNHY? This seems like a good entry point.

2008 Aug 13 10:12 AM

[Lu:]

A Cramer's pick from June, Sun Hydraulics, (SNHY) is trading at $32 which is $10 down from it's 3 month high and their latest earnings report on Aug 5th beat the estimate by 7%. Is is time to revisit SNHY? This seems like a good entry point.

2008 Aug 13 10:12 AM