Cramer's Lightning Round - Intel's Marching On (7/15/10)

by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Thursday July 15.

Bullish Calls:

Intel (NASDAQ:INTC): "No, no... stop you're worrying. You do not worry about a company that has almost a 3% yield, that has one of the greatest balance sheets in the world, with more than $12 billion in cash... getting up to like $18 billion... You don't worry about a company that has many new product cycles, and you strictly don't take your cue from the action in the stock which, by the way, was up today. Everyone else was panicked because the stock wasn't up that much yesterday. Hey, you know what... it was up yesterday, it was up today... and I've got to tell you... I think Intel's marching to $25. Will it get there fast? I shouldn't call it a march; let's say it's a "slow march" to $25... but it's certainly not a trail of tears!"

Walt Disney (NYSE:DIS): "Disney had unbelievable ratings for the World Cup... it had an unbelievable movie schedule... Bob Iger [CEO] is doing a remarkable job. People watched Wimbledon... there was like some game going on for like 72 days... I've got to tell you... I think Disney's going to report a monster quarter. I want you to buy, buy, buy it. I was going to recommend it if the stock got to $32, but you know what?... I was in Mexico... hey, I was having a good time there... and I was not able to recommend Disney at $32."

General Mills (NYSE:GIS): "That man (CEO Ken Powell) has just bought about 12,000 shares on the open market. He doesn't need to do that! That's an expensive stock! He bought 12,307 shares! Ken Powell, great CEO. Great company. Dividend boost coming. Not that expensive. I want you to buy some General Mills!"

Albemarle Corp (NYSE:ALB): "I absolutely like the stock so much. I like the group. And this is one of the stars of the group. I like the specialty chemical makers coming out of... we're coming out of the turn, and now we're going to start seeing some great earnings from that company. I want you to hold onto it."

CBOE Holdings (NASDAQ:CBOE): "I think CBOE is at the right level. I actually will recommend the stock right here, right now, as well as a host of other financials, now that the Goldman Sachs war is over, and financial regulation is at last complete!"

Netflix (NASDAQ:NFLX), Deckers (NASDAQ:DECK): "I think Netflix has already had a pullback. That's why I like the stock right here... buy, buy, buy! By the way, the Decker's pullback... there's a new bull market in shoes. I am reiterating my buy right here, right now on Netflix. There's no reason to wait to be able to buy it lower."

Bank of America (NYSE:BAC): [Note: Cramer is discussing BAC's earnings report on Friday]: "I think you'll have the luxury of being able to buy it at $15 tomorrow, if they really, really disappoint only. Otherwise, it's up, up and away, particularly now that Goldman Sachs settled, and I want to bring that out, because it does make the whole picture rosier for Wall Street."

Baidu (NASDAQ:BIDU):: "I don't like snap judgments about Google, but I would like you to buy Baidu if Google gets hit."

ConcoPhillips (NYSE:COP): " ...has almost a 4% yield, with downstream doing well, with the refining doing well, with production, with natural gas?... I am not going to tangle with American Oil and Gas, when I've got a high-quality integrated doing so well."

Bearish Calls

New Oriental Education (NYSE:EDU): "The only Chinese stock I am recommending is Baidu."

American Oil and Gas (AEZ): "Why do I need to step down in action and get into AEZ, when I can get ConocoPhillips, with almost a 4% yield, with downstream doing well, with the refining doing well, with production, with natural gas?... I am not going to tangle with AEZ, when I've got a high-quality integrated doing so well."


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