Jim Cramer's Mad Money Lightning Round Picks, Jan. 8

by: Miriam Metzinger

Miriam Metzinger submits: Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Monday January 8. Click on a stock ticker for more analysis:

Bullish calls:

Thermo Fisher Scientific (NYSE:TMO): ' May I suggest - if you're going to do medical diagnostics ... it's TMO.'
Marvell Technology (NASDAQ:MRVL): ' ... I think it's got one down and five up. They make the controllers for disk drives, among other things, and also the PS2 ... I think it's six months before it explodes, but it will explode to the upside!'
Companhia Vale do Rio (NYSE:RIO): 'The only one that I will still sanction, was my last one that I recommended, which was RIO.
Hewlett-Packard (NYSE:HPQ): 'The only one [personal computer company] that I've actually been recommending - it's got big revenues this company - is the HPQ.'
USG (NYSE:USG): 'I think USG is maxed out by Warren Buffet. It's at $52 bucks and, if housing turns, it goes right to $65. And, if housing doesn't turn, no real downside - maybe $49. That means 3 down, and it means 7 up. 7 up wins.'
Community Bank System (NYSE:CBU): 'This one's very cheap off the book value. Why? Because the book value's actually cash, when it comes to banks. I like it. 3.4% yield. I'm not concerned about the inverted yield curve ... You've got a winner.'
Daktronics (NASDAQ:DAKT): 'They were beat up, and it was a fallacy! ... This was classic profit taking ... I like DAKT very much on this pullback, and I want to pull the trigger, and then I want to stay with it.'

Bearish calls:

Mindray Medical International (NYSE:MR): 'Oh, there's a man who likes to go to China and look for nothing but problems. We got a lot of companies who do the same thing - in terms of the internet - right here ... TMO's better than MR.'
Internap Network Services (NASDAQ:INAP): 'It is time to ring the register INAP.'
Intuitive Surgical (NASDAQ:ISRG)
Amphenol (NYSE:APH): 'I never find these companies to be anything that special, but they always trade cheap. I have no catalyst to recommend APH, so I'm going to say, 'don't buy, don't buy.'
Rio Tinto (RTP): 'The commodity boom is over. NEM - the last of the big gold stocks - is rolling over. I do not want be associated with RTP, or BHP anymore. '
BHP Billiton (NYSE:BHP)
Systemax (NYSE:SYX):
'We liked this stock before; it's had a really nice run. I am not going to tell you that it's necessarily cheap ... SYX is kind of one of these [ one sideways thumb].'
Peabody Energy (NYSE:BTU): ' ... coal is plummeting, plummeting. No one wants to own coal. Plus, we have the Democrats ... they are not of, by and for the corporation. They are concerned with the air. You can't make any money off of that game - the air game. Therefore, I think that BTU remains a cheap stock with no catalyst. Not for me.'

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