Iron Man Is a Marvel - Cramer's Lightning Round (5/1/08)

by: Miriam Metzinger

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Thursday May 1. Click on a stock ticker for more analysis:

Bullish calls:

Wal-Mart (NYSE:WMT): “ …We're only buying four retailers... we're buying Costco, we’re buying TJX, we're buying Urban Outfitters, and we're buying Wal-Mart."
Costco (NASDAQ:COST), TJX Companies (NYSE:TJX), Urban Outfitters (NASDAQ:URBN)
Marvel Enterprises (MVL): “I'm in Ironman, so it's definitely big... and I think MVL is a winner. Their movie gambit turned out to work. I would pull the trigger, ahead of the big opening.”

Bearish calls:

Callaway Golf (NYSE:ELY): “There's a secular slowdown in golf... as much as we think there's a lot of business done in golf, it is in a declining industry, so I am not going to recommend ELY.”
Cato Corp (CTR): “No, no... that's a retailer. We're only buying four retailers
Melco PBL Entertainment (MPEL): “I have hated it since $18. I wish I had hated it since $21. I don't want anything to do with gaming.”
International Game Technology (NYSE:IGT): “I don't like International Game Technology anymore, although it's down all the way.”
Las Vegas Sands (NYSE:LVS): “ …is no-go. I've been negative on that.”
Wynn Resorts (NASDAQ:WYNN): “I don't care that it's up. I want you to sell it.”
Penn National Gaming (NASDAQ:PENN): “I don't think that deal ever closes.”
Sapient (NASDAQ:SAPE): “First of all, it's that kind of software that I don't really care for. Second, the management turnover there has just been a nightmare.”
CapitalSource (NYSE:CSE): “ I don't like the REITs... sell, sell, sell!... mortgaged, levered business. I want you to stay out of that.”

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