Cramer's Lightning Round - Worried About Steel (4/29/-09)

by: Miriam Metzinger

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

Bullish Calls:

Gamestop (NYSE:GME)

ConcoPhillips (NYSE:COP), BP (NYSE:BP): "I have been an adamant buyer of Conco and BP."

Bearish Calls:

Wal-Mart (NYSE:WMT): "I took a little profit in WMT... I think WMT up a couple of bucks is going to stall here. People like recovery stocks. I think the stock marks time even though I like it long term bullish."

Dendreon (NASDAQ:DNDN): "I'm not qualified to answer this because the stock was up just 15 points. This looks like a short squeeze to me...I'm going to rec taking profits."

Jacobs Engineering (NYSE:JEC): "I have soured somewhat about infrastructure trades. They need clarity about cap and trade and they need clarity about where oil and gas are going."

Nucor (NYSE:NUE): "I am worried about the steels...I think NUE has got the best product profile, but I don't htink it is going to perform well...all it does is bide time...I am not a buyer."

Activision (NASDAQ:ATVI): "We're not a big buyer of that one, sell sell sell...if you are in that you need to own Gamestop."

Canadian Natural Resources (NYSE:CNQ): "They are doing a deal and I don't care for it...I have been very adamant buyer of Conoco and BP."


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