Cramer's Lightning Round - Cisco Is a Coiled Spring (9/24/10)

Includes: CHK, CSCO, DRYS, DUK, HK, T
by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Friday September 24.

Bullish Calls:

Cisco (NASDAQ:CSCO): "I have been getting real reassurance of late that Cisco's quarter is as good as I thought it was and that the bears are wrong. I think the stock is a coiled spring. I think the stock can go $24-25... buy, buy, buy... without a problem and that the bears are going to be wrong. Cisco's business is strong and it's getting stronger... that stock is very undervalued. I say that we're going to make the shorts have, the house of pain... and we'll be living in, the house of pleasure."

Chesapeake Energy (NYSE:CHK): "If we have to own one because Chesapeake is the cheapest... enterprise value could be 3 times what the stock sells for..."

Bearish Calls:

Duke Energy (NYSE:DUK): "I got to be careful about Duke... they are spending a lot of money. I don't want to be in Duke... I know that 5% yield is very tempting. I'd rather have you be in Progress Energy... or I got to tell you, ConEd... or, of course, in the end, I think that you can be... in Exelon, which is my favorite one right here."

Petrohawk Energy Corp (NYSE:HK): "Petrohawk is not the right one."

DryShips (NASDAQ:DRYS): "There are very few stocks... there are very few areas that are not rallying here... and the ones that aren't rallying, I think are doomed to fail when the rally ends... remember it's always when because eventually they do. I think that this stock should be sold. I don't think there's much upside to it."

DirecTV Group (NYSE:DTV): "I think you're being piggish. I think this stock has had a miraculous run. If I were you, I would sell 200 shares and then wait another 5 points. If you don't get the 5 points up, you're ok... if it goes 5 down... you want to buy it back. I've got to tell you, that stock has been so blessed versus the group. It's a little freakout for me... no one ever got hurt taking a profit, I want you to take 200 shares off the table."


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