Thursday, 01/24/08
Posted 01/25/08,  12:22 am ET

(Scroll down to see Jim's comments below)

 
 
Today's date:  Thursday, 01/24/08

  Dow Jones: 12,378   + 108
  NASDAQ:   2,360     + 44
  S&P 500:   1,352     + 13
 
 
 
     

Stock Snapshots - Includes all stocks from callers' questions

     

 

 



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Jim
Cramer's
rating on
this stock

STOCK
SYMBOL

Closing
price
that
day

Opening
price
next
day

Full Company Name/Comments
(see comments above for each)

VDSI

19.47

na

VASCO Data Security (VDSI)

VDSI -  The quarter was bad... the October quarter was bad... It got absolutely hammered.  It was just awful.  The stock's too low to sell, even after the run today.  Let's hold onto it until the mid-$20s, and then we can get rid of it, but we do have to get rid of it...

Price target:  Sell in the mid-$20s

MPEL

10.27

na

Melco PBL Entertainment (MPEL)

MPEL -  No, I've been saying that's bearish... Sell, sell, sell!... plus I also said that there's no way...  I don't like Wynn (WYNN)...  I don't even like Las Vegas Sands (LVS), which we caught a double in over a two-week period... I am through with those stocks... those are the Macau gaming stocks, which everybody knows...  

LVS

83.77

na

Las Vegas Sands Corp. (LVS)

See MPEL comments above for:
LVS

WYNN

108.85

na

Wynn Resorts Ltd. (WYNN)

See MPEL comments above for:
WYNN

 

       

AMRI

13.21

na

Albany Molecular Research Inc. (AMRI)

AMRI -  It's too dangerous... It's too... let's just say it's a speculative play in a market where I like Covance (CVD), and I like Parexel (PRXL)... We recommended that stock.  It was up $7 today... You go with my conservative plays... CVD and PRXL on a pullback... Those are drug companies... companies that test drugs...  

CVD

86.44

na

Covance Inc. (CVD)

See AMRI comments above for:
CVD

PRXL

57.63

na

Parexel (PRXL

See AMRI comments above for:
PRXL

 

       

STT

81.64

na

State Street Corp. (STT)

STT -  Much pilloried in the low $70s and the high $60s, where the shorts were jumping all over it, telling you it's no good...  I suggest that anyone who doesn't understand that company go to their website, and look at that conference call, which explained everything they did, and why they didn't make any mistakes, and why they deserve to sell at a premium multiple.  $84 goes to $90.   STT and Bank of New York (BK)... Two that did not screw up, that deserve to be rewarded with higher prices.

Price target for STT:  $90.00

 

BK

45.59

na

Bank of New York Mellon Corporation (BK)

See STT comments above for:
BK

SE

22.51

na

Spectra Energy Corp. (SE)

SE -  I would use that pullback... I remember when SE went public...  It seems like a great story... natural gas gathering... I don't know why it's down so much...  I would buy it, and I would buy it hand over fist...  I like natural gas here.  People gave up on energy.  Why?  I don't know... You can't have both energy and banks go up at the same time?  In a bull market you can.  Remember, we're at the tail end of a bear market... a lot of things working... I like your stock.

ZINC

11.68

na

Horsehead Holding Corp. (ZINC)

ZINC -  Oh, it's a zinc play.  I got it wrong.  I was recommending a lot of metals plays.  I recommended... We were making a lot of good money in the zinc play... a lot of good money in lead... We were making money in Lundin Mining (LMC), and then the worldwide recession fears came, and the only one of our metals stocks that was continuing to work was Yamana (AUY).  What do we do with ZINC?  I would not sell it down here...  It's got a big zinc mine...  Molybdenum is coming back too...  I don't want to give up on ZINC.

IGT*

41.26

na

International Game Technology (IGT*)

IGT* -  I sold IGT* (but not all of it)...  I had a nice little gain from it for my charitable trust... I know the quarter was good... but, at certain points, you have to just say, listen, the wind is out of the sails on this gaming business... There are too many casinos.  Macau's trading down... I think we have reached the outer limits of the gaming business, and I am not going to endorse anything in that group anymore... no I am not!

LUV

11.95

na

Southwest Airlines Co. (LUV)

LUV -  I have only momentarily recommended Continental Air (CAL) on the air...  I do not want to own an airline stock.  I am certainly not going to start embracing them now.  (buzzer sounds)...

CAL

25.46

na

Continental Airlines, Inc. (CAL)

See LUV comments above for:
CAL

BRCD

6.52

na

Brocade Communications (BRCD)

BRCD -  I liked BRCD at $7.50, so I don't think I'd like to stand on it, to talk about it down here in the $6's... I like Cisco (
CSCO) more... I like Juniper (JNPR) more... a good number.  CSCO, then JNPR, then BRCD...  I blew BRCD.  I'm not going to get them all right, but that's my take.  I think BRCD's too low to sell, but I can't endorse it.

CSCO

25.11

na

Cisco Systems, Inc. (CSCO)

See BRCD comments above for:
CSCO

JNPR

26.30

na

Juniper Networks, Inc. (JNPR)

See BRCD comments above for:
JNPR

GM

25.62

na

General Motors (GM)

GM -  I think General Motors Preferred is the way to go.  It pays you almost 8%.  It pays you to wait.  I think GM Preferred is a good piece of paper.  I do not want to own the GM common (the common stock - symbol GM)...    

 

       
         

[ end of lightning round ]

   
 

Go to the CLOSING SEGMENT from tonight's show here >>

See current quotes on Yahoo! Finance from tonight's show stocks here >>


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Symbol keys:

A Charitable Trust stock. - An asterisk next to a stock symbol indicates that Jim mentioned it is a stock that he manages within
his charitable trust portfolio.  You can see the complete portfolio
of stocks here >>

Thumbs up - indicates he would buy the stock or, at the very least, not sell the stock.  We do our best to interpret Jim's opinion on stocks, as we think it is indicated by his comments during the show.  Please read his comments to decide for yourself.

Thumbs down - indicates he has said not to buy or to sell the stock, based on his comments  We do our best to interpret Jim's opinion on stocks, as we think it is indicated by his comments during the show.  Please read his comments to decide for yourself.

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