Cramer's Lightning Round - Baidu and Google's Market Cap Game (6/2/10)

by: Miriam Metzinger

Stocks discussed on lightning round session of Jim Cramer's Mad Money TV Program, Wednesday June 2.

Bullish Calls:

Baidu (NASDAQ:BIDU): "This is a market cap game that I am about to play… Baidu is $26b, alright keep track of that number, $26b... and Google, Inc. is going to be $157b… I, frankly, do not think that that disparity is right… I think that Baidu is worth more than that… because there are 400 million people in China that are going to be using it… let’s stick with Baidu and ride it to $90."

Diana Shipping (NYSE:DSX), Frontline (NYSE:FRO), Nordic American Tanker (NYSE:NAT): "Ahh... you know, I like the Diana Shipping, if I want to go dry bulk… I like the Frontline Ltd, and you know I like Natty Dread (Nordic American Tanker) where the yield has really gotten big… because the dividend is back… not as big as ever though."

Vodafone (NASDAQ:VOD): "Now last week I decided that AT&T and Verizon do not have the upside that Vodafone has… so I am telling people that AT&T and Verizon, they are okay… but Vodafone is the one that you have got to step up and buy… it has got a European discount that is unwarranted."

Family Dollar (NYSE:FDO): "My favorite there is Family Dollar Stores Inc. … that is the one that we had the best history with… that is the one that I think has the most upside… it is only 2 points off of its high… I think that you go with Family Dollar… not 99c."

ArcSight (ARST): "Well, ArcSight kind of blew up… it got downgraded... I am kind of blown away by how bad the stock is doing… you know what? I want to stick with it… but, boy, it has been nasty… I know that it has been a lot of heartache… I like the homeland security theme too much to be able to get rid of it… but it has just done terribly."

Bearish Calls:

DryShips (NASDAQ:DRYS): Ahh... you know, I like the Diana Shipping if I want to go dry bulk."

Transocean (NYSE:RIG): "..anything involving this Gulf, and you have got the Justice Department down there, when everybody is looking at this thing… it is just too dangerous for me… I am going to have to say don’t buy… even though I think that Transocean is an excellent company… I am saying don’t buy, don’t buy."

AT&T (NYSE:T), Verizon (NYSE:VZ): "I think that AT&T is okay… Now last week I decided that AT&T and Verizon do not have the upside that Vodafone has."

99 Cents Only Stores (NYSE:NDN): I like it, I like it... but my favorite there is Family Dollar Stores Inc."


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