Cramer's Lightning Round - Whole Foods Transcends Its Chart (6/9/11)

by: Miriam Metzinger

Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Thursday June 9.

Bullish Calls:

Whole Foods (NASDAQ:WFM): "I think you are right. That stock's pulled back enough. I want to get behind this. People don't like it because of the chart, but some companies transcend the chart."

PNC Financial (NYSE:PNC): "...if you want to own a bank, I would own PNC."

General Motors (NYSE:GM), Ford (NYSE:F): "If you want autos, I would recommend GM as a turnaround...or Ford...I know Ford is so out of fashion, it is scary...but I'm a believer."

Deckers (NASDAQ:DECK): "Yes, I think it is definitely a is doing a lot of good things...people are worried about the London, I'm not worried...we can take a longer perspective and see what the CEO (Angel Martinez) has done. He has done remarkable things...and this pullback which is monstrous...from $97 to $79. It is a buy and not a sell."

Bearish Calls:

Wells Fargo (NYSE:WFC): "...I saw it was downgraded the other day...I'm not a fan of WFC."

Tata Motors (NYSE:TTM): "I think you should sell Tata Motors."

Applied Materials (NASDAQ:AMAT): "Come on man, you're smarter than that...we're not buyers of AMAT...we are not buyers of semiconductors, because it is summer, and they are in bear market mode."


Jim Cramer was up 31% in 2009. Click here now to sign up for Jim's Action Alerts PLUS and trade alongside him. Special discount for Seeking Alpha users.

Get Cramer's Picks by email - it's free and takes only a few seconds to sign up.

About this article:

Want to share your opinion on this article? Add a comment.
Disagree with this article? .
To report a factual error in this article, click here