Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Wednesday, September 3.
Research in Motion (RIMM) -- “Overdone to the downside. I am not buying into the negativity. I'd rather own tech than sell tech. Research in Motion is a buy.”
Apple (NASDAQ:AAPL) -- “Apple is a buy.”Corning (NYSE:GLW) -- “Corning is a buy.”
Molson Coors (NYSE:TAP) -- “I like Molson Coors. The raw costs have come down. I want to buy this one”
Brown Forman (NYSE:UPS) -- “I like Brown Forman as well.”
CVS Caremark (NYSE:CVS) -- “CVS, along with the rest of retail, is a part of the early-cycle rally taking place right now. He recommended buying CVS.”
ADC Telecom (ADCT) -- “Too hard. Inexpensive stock, but I do not like telecom. Don’t buy.”
MGM Mirage (NYSE:MGM) -- “Sell, sell, sell. We have too many casinos; the margins are horrible. I said to sell the casinos and I'm sticking with it.”
eBay (NASDAQ:EBAY) -- “No, No, No. Volume is declining and I can't get behind it. That one is trouble. Stay away from both internet companies.”
Yahoo! (NASDAQ:YHOO) -- “Yahoo is also trouble. Stay away from both internet companies.”
Sociedad Quimica of Chile (SOM) -- “I think you’re in the house of pain with that, and it’s going to be at that address for a little bit.”
Red Hat (NYSE:RHT) -- “I like Red Hat but I can’t get behind a software company right now.”
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