Bullish on Sysco Management - Cramer's Lightning Round (9/26/08)
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Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Friday, September 26.
Bullish Calls:
Sysco (SYY) -- “At times management can trump even the most difficult industry. Sysco is well run. That’s a good one.”
Bearish Calls:
First Merit (FMER) -- “I am not going to recommend an Ohio bank as long as National City (NCC) hangs over us like a shroud. We have to wait and see what happens to National City.”
Suntech Power (STP) -- “We are not recommending anything China. That market is down 59%. We are not going back to China yet its to hard.”
Lowe’s (LOW) -- “Lowe’s is almost a buy. I am two points from pulling the trigger at $21 or $22. I think the stock could spike to $30 once housing turns up.”
Johnson Controls (JCI) -- “This is a very well run company but unfortunately has clients like auto companies and that’s not a good business to be exposed to right now."
Colonial Bancgroup (CNB) -- “This bank is too dicey. We are staying with the Fortress Four.”
Google (GOOG) -- “The problem is I heard reports that Yahoo (YHOO) is struggling. At least some of that should spill over to Google. So don’t buy Google right now.”
No Opinion:
Signet Jewelers (SIG) -- “I don’t know this stock. I have been stumped. I will have to do some research.”
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