Jim Cramer's Mad Money Lightning Round, 2/6/08: Chimera is for Real

by: Miriam Metzinger

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Wednesday February 6. Click on a stock ticker for more analysis:

Bullish calls:

Wal-Mart (NYSE:WMT)
TJX Companies (NYSE:TJX)
Foster Wheeler (FWLT): 'I'm buying it down... I'm buying it slowly... The stock could go to $60. It's got a nice discount from where it was.'
Textron (NYSE:TXT): 'Every division was en fuego!... Everything was good... and what did the stock do?... Absolutely nothing but go down... This is why I am saying, be cautious… You buy your first 25 at $55, then you wait until $53, then you wait till $50...'
Elan Corp (NYSE:ELN): 'I never pulled the trigger, but darned if I'm going to tell you not to buy.'
Arch Coal (ACI): 'I'd like ACI to come down, but I was wrong... It's not domestic, it's international...'
Peabody Energy (NYSE:BTU)
Chimera Investment (NYSE:CIM): 'I think that this stock is one of the two best ways to play the crisis in housing... the other being Annaly.'
Annaly (NYSE:NLY): 'I prefer NLY, because of the dividend.'

Bearish calls:

American Eagle Outfitters (NYSE:AEO): ' alot of insider buying... I think the stock marks time between $19 and $21... After the terrible Macy's (NYSE:M) guidance today, I am not going to tell you to buy that one... '
Ford Motor (NYSE:F): 'Ford Preferred … trades aggressively.'
Mindray Medical (NYSE:MR): 'Interesting Chinese spec in a very overheated market where we're recommending only a very few names.'
Intercontinental Exchange (NYSE:ICE): 'This is not a political show, but I campaigned on this show against that merger... I thought it was ridiculous that those two companies could merge, and have a stranglehold on our people, who trade futures and options..'.
Intel (NASDAQ:INTC): 'Okay, INTC reported a not-good quarter. The stock then climbs from $19 to $20, for absolutely no good reason … I've been no fan of tech... since the year began and, I've got to tell you, it ain't getting better, it's getting worse.'

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