Keep Buying Big Brown - Cramer's Lightning Round (9/4/08)

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Thursday, September 4.

Bullish Calls:

United Parcel (UPS) -- “Keep buying Big Brown into the weakness in gas prices.”

Oilsands Quest (BQI) -- “I like this speculative energy play.”

Healthways (HWAY) -- “This stock is down enough to be a buy.”

Deere (DE) -- “This stock’s a buy at $62. Deere is too cheap.”

Halliburton (HAL) & Nabors (NBR) -- “Halliburton and Nabors are better picks than Union Drilling but be careful. Massive hedge fund selling is bringing these stocks down.”

Bearish Calls:

Fedex (FDX) -- “United Parcel is a better pick.”

Watson Pharma (WPI) -- “Watson is the worst house in a great neighborhood. I like biotech in this environment, and this stock could make investors some money, but I like other names more.”

GameStop (GME) -- “The GameStop trade has passed. Sell, sell, sell.”

Massey (MEE) -- “We’re done with coal. I can’t recommend Massey.”

Dow Chemical (DOW) -- “If it weren’t for what Cramer sees as a bad acquisition in Roman Hoss, he’d be more bullish on this stock. Don’t buy.”

General Motors (GM) -- “That stock’s too speculative for me.”

Union Drilling (UDRL) -- “An oil driller that missed its latest quarter? I can’t recommend Union.”

Diana Shipping (DSX) -- “If you’re going to buy a shipping stock, go with Frontline (FRO) or Nordic American Tanker (NAT) instead.”

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Comments

[Britishsteel:]

you will go broke listening to him, on tuesday said the rally is for real bwhahahaha and today 324 points down and now he is a bear saying selll at the bottom we get rally next wekk maybe even tommorow end of day,
when he says sell thats when big boys want you to sell to them cheap. keep in mind all his great calls this guy has no credibility whatso ever give me a tv show and I will make you money. lol

2008 Sep 04 10:46 PM

[forreal:]

Cramer should be fired. He is like the weather man. He can be wrong (a lot) and he still has a job. If I was wrong as much as him I would be canned.
How about you?

2008 Sep 05 08:51 AM

[Jake2:]

He's like a clown dancing on the end of a string. Cut the string and down he goes.

2008 Sep 05 06:20 PM

[bowman711:]

I hope he isn't crazy - I have 10,000 shares of BQI . . . patiently waiting for some big oil company or Chinese company to buy it out. On June 26th, BQI put out an updated resource estimate of 6.6 billion barrels of oil. At $100/barrel that would be over $600 billion. Even at 75% production cost, it still leave a company value of over $150 billion. Divided by its current 228.71million shares, let's see, that is over $655 per share. I think it will be worth the wait!

2008 Sep 06 05:11 AM