Cramer's Lightning Round - Plays on the Power of Apple (7/21/10)

by: Miriam Metzinger

Stocks discussed on lightning round session of Jim Cramer's Mad Money TV Program, Wednesday July 21.

Bullish Calls:

SanDisk (SNDK), Apple (NASDAQ:AAPL), Skyworks Solutions (NASDAQ:SWKS), ARM Holdings (NASDAQ:ARMH): "SanDisk is the flash play on Apple … Let me give you the derivative plays… Cirrus Logic Inc, SanDisk and Skyworks Solutions Inc... all make sense for me… as well as ARM Holdings, plc … all plays on the power of Apple…"

International Paper (NYSE:IP): "That is a company that truly recognizes that there is not a lot of growth in America… so what do they do? They move, they move to where the growth is… to Russia, to Brazil, to Asia… also there is a big , remember there is a bull market in packaging… we nailed that one."

Cytec Industries (NYSE:CYT), PPG Industries (NYSE:PPG): "Exceeded the estimates… like doubled the estimates… that is a company that I have liked from inception… you know that I like the chemical companies too… PPG Industries Inc... we had just a terrific quarter from them… that chemical group is so on fire and yet Goldman Sachs downgraded the group last week… Goldman let me in on the secret… was it the same secret that told you to sell Brown Foreman?"

Swift Energy (SFY): "Swift is really good… as a matter of fact, I am surprised that Swift has come down so much… because it is that good… I think that you have got a good stock… I would love to have management on because Swift is really intriguing to me…" (NYSE:CRM): "If you want software… let’s explain the real software company in this world… and it is not a real software company the way that we know it… that is … which is a buy down .96c… I want you to stick with"

Bearish Calls:

Microsoft (NASDAQ:MSFT): "I think that no, it will not go over $30 by (October)… I think that we would be lucky if the stock goes to $26, $27... that would be terrific… maybe they boost the dividend… maybe do something really big… but it is not my favorite…"


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