Cramer's Lightning Round - There's Not Enough Copper (10/29/10)

by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Friday October 29.

Bullish Calls:

Freeport McMoRan (NYSE:FCX): "...delivered a pristine quarter... great copper assets...great gold. I think copper is going dramatically higher!... There is not enough copper in this world, and that's why I think FCX is going right through $100 to $120, going back to its old highs. I want you in the stock."

Whirlpool (NYSE:WHR): "It was a bad quarter. You know, I go on a lot of conference calls. I listen. I read. And if you ask me what the worst one that I've been on so far, other than Kimberly-Clark (NYSE:KMB), it would be Whirlpool. I just can't recommend the stock. And people know I've liked Whirlpool for many, many years. But that was just not a good quarter. They did not execute well, and they gave you very little reason to buy that stock."

CenturyLink (NYSE:CTL): "CenturyLink is going higher... buy, buy, buy! The 7% yield goes to 6%, meaning the stock goes higher (causing the yield % to go lower), not that the yield gets cut."

Marvell Technology Group (NASDAQ:MRVL), Broadcom (BRCM), Semiconductor HOLDRs (NYSEARCA:SMH): "Yeah, they're (Marvell) making a big turn. You know, we got behind Marvell earlier this year. Everyone thought we were idiots, (saying) they were too connected with disk drives. They're wrong. I see the stock going to $22... buy, buy, buy! I like that stock. I also like Broadcom. I like the whole semiconductor complex. I am endorsing the Semiconductor HOLDRs as a buy, and I think everyone's too negative about the semis except for me!"


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