Cramer's Lightning Round - Take the Pain in Intel (5/6/10)

by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Thursday May 6.

Bullish Calls:

Intel (NASDAQ:INTC): "Well, look, let’s understand that we have got a situation with Intel where we have almost a 3% yield… a crystal clear balance sheet… a multi year story involving wireless chips and PC chips… and you know what? I want to take pain in Intel before I want to take pain in a lot of other stocks…I feel that it has got a floor because of that accidentally high yield… it has got a great product cycle… it has got great management… I am not walking away."

Nvidia (NASDAQ:NVDA): "Alright, look NVIDIA has been just thrown away here… it is absolutely ridiculous… they had a decent quarter, I like the stock very much… at $14, what is there two points down here? 5 upside… let’s do some buying."

Las Vegas Sands (NYSE:LVS): "I have got to tell you, they reported just a dynamite quarter after the close... it is kind of what you should want."

Bearish Calls:

Dendreon (NASDAQ:DNDN): "Dendreon is a wild trade… We recommended it in the mid $20’s as part of our hopeful cancer cure week that we did… because I do not want to get too much hope, I say hopeful… the stock then doubles… okay, so when it doubles, what do we say to ourselves? We say let’s take some off of the table… let’s shop it… that is what people were doing today, they were schnitzeling Dendreon…they do not want that gain to go away… who can blame them? I am with them."

MGM Mirage (NYSE:MGM): "The people who own these other casinos… the bad ones like MGM Mirage … I have got this for you… (baby crying.)"


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