Cramer's Lightning Round - Qualcomm Really Screwed Up (1/28/10)

Includes: AKAM, DE, EXC, JOY, QCOM
by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Thursday January 28.

Bullish Calls:

Akamai (NASDAQ:AKAM): "Oh, I think that Akamai is fabulous."

Exelon (NYSE:EXC): "This is mostly nuclear, they have got clean energy, and they will be big winners in the cap-n-trade… and the answer is I want to buy, buy, buy Exelon… which may be among the best utilities in this country."

Deere (NYSE:DE): "I am going to tell you to ignore the fact that the chart is bad, I am going to ignore the fact that all of these companies are rolling over because of China… and I am going to say, if you take a six to nine month perspective on Deere, not… in other words, do not worry about the current crop season… you will make money… I do believe that the stock is headed down short term though, in full disclosure, I think it is headed down short term."

Bearish Calls:

Joy Global (JOYG): "So it is up a lot… people should be worried… it is not done selling yet… it is up too much from the bottom…"

Qualcomm (NASDAQ:QCOM): "Today was an abomination, it was an embarrassment… I am furious at management…furious… I would put them on the Wall Of Shame right now… because I have got to tell you, that was just one miserable quarter, the guidance was terrible, they really screwed up…"


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