Cramer's Lightning Round - Goldman Has Lost Its Way (6/16/10)

Includes: DOX, FSLR, GS, PBCT, VOD, VZ
by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Wednesday June 16.

Bullish Calls:

Amdocs (NYSE:DOX): "...any company that makes it so that people can be… I do not mean to use this term too cruelly… but people can be downsized, is a good company that works… and Amdocs has that… I think that it is a decent stock… it has got some mistakes that it has made but compared to its growth rate… that is pretty cheap."

People's United Financial (NASDAQ:PBCT): "They did a consolidation… but banks are under heavy pressure… people do not like this bank… it was at $14 when I wrote the story… it is at $14 today, so it has been disappointing… but there are banks that have been even worse than this one…I say stick with it… I would still be a buyer… I do not think that it is going to get taken over… I have got to throw the red flag there because we do not hype on takeovers."

Verizon (NYSE:VZ), Vodafone (NASDAQ:VOD): "You got in on a dip, you did the right thing… I want you to stay on it… I think they can pay the yield… the dividend is fine, it is absolutely safe… I like Vodafone more, because it has got more growth… and it is all wireless… but remember Verizon only owns half of Verizon Wireless… but I think.. I am never going to fight someone who has a good dividend, which has full growth… I do like Vodafone more… but I have blessed Verizon since the show started… and I continue to do so.. I would stick with Verizon."

Bearish Calls:

Goldman Sachs (NYSE:GS): "...look the stock has lost its way… some would say stuck in it… but I do not want to recommend shorting it… $180, I have to tell you, the stock has no momentum whatsoever… it is in the crosshairs of the government… that is absolutely the wrong place to be… when it settles the situation with the SEC, no matter how much it costs… then I will perhaps say that people should buy it."

First Solar (NASDAQ:FSLR): "Well, as long as oil goes up… the stock is going to go up… but I am bearish on the stock and I think that you should not buy… because this company needs government subsidies…stay away from First Solar."


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