Seeking Alpha

Cramer's Lightning Round - I Bless TiVo (6/12/13)

by: Miriam Metzinger

Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Wednesday June 12.

Bullish Calls:

TiVo (NASDAQ:TIVO): "It makes no sense (that it isn't higher). People didn't like the settlement that came in the lawsuit. I, on the other hand, feel there is value there. I am blessing owning TiVo."

Axiall Corporation (NYSE:AXLL): "Now that it has come down, buy it. AXLL is coming down with all the housing stocks, and I think (the decline) is overdone."

MercadoLibre (NASDAQ:MELI): "If you are worried about that, you are worried about a winner, not a loser, but if you want to take a little profit on it because it is up so much, then do. That is a good one."

Comerica (NYSE:CMA): "I like it. A lot of guys downgraded it. CMA is fine with me."

Bearish Calls:

Sysco (NYSE:SYY): "It is just okay. It is too levered to the restaurant industry, and even though some of those stocks are up 50%, they are not giving the kind of returns I thought they would."

Newmont Mining (NYSE:NEM): "You can't be there. I don't like Newmont Mining. I don't like gold miners and I don't like silver miners. As they lift, you want to sell. The mining costs are too high, and many things go wrong as soon as they want to extract gold."


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