Cramer's Lightning Round - Sell, Sell Dell (2/27/09)

by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Friday February 27.

Bullish Calls:

Disney (NYSE:DIS):Well, Disney is under severe pressure… they paid too much for ESPN, … it has got too much advertising…I think that if you want to put it away, it is fine… buy it… but gingerly… I think if you buy it at $16... and you buy it a little at $15... 3 to 5 years from now it is going to look good…”
Terra Nitrogen (NYSE:TNH)
ConAgra (NYSE:CAG): “…like every single food stock, it is in a vicious and awful down trend… so if you want to buy here, buy 25 at a 5% yield… and then 25 at a 5 ½% yield… then 25 with a 6%… and then 25 with a 6 ½%…. that will give you a nice blended average… the food stocks are in a down trend… but I like that yield.”
Air Products and Chemicals (NYSE:APD):I do not think that this stock is going to bottom until it gets to $40... but there, I am pulling the trigger.”
Terra Nitrogen (TNH)
Papa John’s International (NASDAQ:PZZA), Darden Foods (NYSE:DRI):Domino’s is a bear… but Papa Johns is a bull.. it is one of the casual dining restaurants I like… along with Darden Restaurants.”
Brinker’s (NYSE:EAT): “Brinker’s is good to go. I like it.”

Bearish Calls:

Dell (DELL): “Sell, sell sell Dell.”
Intrepid Potash (NYSE:IPI): “Let’s not go down the food chain and go with the Intrepid… the Intrepid is an aircraft carrier in Manhattan… not a company that we want to buy.”
Johnson Controls (NYSE:JCI):No, come on!… If it has anything to do with a car we are sell, sell, seller… I don’t like anything to do with cars…”
Logitech International (NASDAQ:LOGI)
Clearwire Corporation (CLWR):No… No… Clearwire, you are a sell, sell, seller of that… don’t you go near that even for speculative purposes… I don’t even think they have a real business.”

Seeking Alpha publishes a summary of Jim Cramer's stock picks every day including: Mad Money Recap, Lightning Round and his Stop Trading! Picks.

Get Cramer's Picks by email-- it's free and takes only a few seconds to sign up.

Seeking Alpha is not affiliated with Jim Cramer, CNBC or