Cramer's Lightning Round - Speculate on Cemeteries (3/18/09)

by: Miriam Metzinger

Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program,

Bullish Calls:

Raytheon (NYSE:RTN), Lockheed Martin (NYSE:LMT), Northrop Grumman (NYSE:NOC): Raytheon is a problem for me, because... if I want to have a company that I think has more dividend. I’m going to send you to Lockheed Martin and even more Nortrhop Grumman…RTN is neither here nor there, however, it is all the way down ... I don't mind buying RTN... buy, buy, buy... I just am not excited about it.”

Service Corp (NYSE:SCI): Yeah, this is a funeral and cemetery company. Now this is a little dollar stock... it's a $3-$4 stock. I like it. It's a great spec play.”

Darden Restaurants (NYSE:DRI): DRI is "Red Lobster" and "Olive Garden" and boy, did they have great Februaries and Januaries... The numbers were remarkable. I think people are going out more because gasoline is lower. The stock is up $5. I'm never going to recommend a stock where the stock is up $5 in a given day... But, if we get a pullback, I am right back there recommending it again.”

CVRD (NYSE:RIO): “The only one I like there is RIO. The other ones are too dicey. I think RIO is fine, because I like the mineral plays. But no, the other ones I can't endorse.”

Bearish Calls:

Walt Disney (NYSE:DIS): Very tough. It just moved up 3 points. I do believe that Disney is an unbelievable franchise. I worry about DVDs. I worry about advertising. I can't get bullish on every stock here. I would tell you that I think DIS is not a buy right here... don't buy, don't buy... It could go back to $16, and there I would pull the trigger.”

Motorola (MOT): I do not see the turn in Motorola... sell, sell, sell... I do not want to own it.”

Capital One Financial (NYSE:COF): "I'm still very concerned about the credit card business and defaults so I can't get behind Capital One. I'm's so low, but I can't pull the trigger."


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