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Jim
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this stock

STOCK
SYMBOL

Closing
price
that
day

Opening
price
next
day

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

BX

15.05

14.90

The Blackstone Group (BX)

BX -  I have had in permanent, permanent Sell Block... has been Fortress Investment Group (FIG) and BX.  I have Wes Edens, the CEO of FIG, on my Wall of Shame...  Why have I not included Steve Schwartzman on that, the CEO of BX?  I don't know... Memo to staff... get up his picture... he's going on...  
 

FIG

11.20

10.99

Fortress Investment Group (FIG)

See BX comment above for:
FIG
 

COST

60.04

60.00

Costco (COST)

COST -  This is all about a company that has a higher price-to-earnings multiple.  It's a rich stock.  That was a great quarter... You know, we talked about Allergan Inc. (AGN)...  That was an expensive stock, and that's coming down.  Now COST is coming down.  Both of these companies have met their earnings.  The only two companies in retail that are doing well, are Wal-Mart (WMT) and TJX (TJX), which was down today.  I can't tell you that COST is not going to go down another 5 points.  I can tell you it's the best retailer in America, and I'd like to buy some down here.
 

JNY

13.10

13.20

Jones Apparel (JNY)

JNY -  Now why do you give me only 'hold' or 'sell'?...  Why don't you allow me say buy, buy, buy...  JNY reported a remarkably-good quarter.  The stock was right here at $13.  It then went to $16.  It yields 4.0%.  It's just an incredibly-well-run company...  Card, the CEO, he's fantastic.  The CFO, this guy John McClendon... He is absolutely dynamite... and I'm going to be very clear... this business is a very hard business.  Now, people may not know this company... they might know it as Nine West, as a footwear company...  When I look at this company, I say to myself, this company has got the wherewithal to pay that dividend.  It's got a big Wal-Mart contract coming up.  I want to buy this stock.  I don't want to hold it... I don't want to sell it... I want to buy it!
 

BHI

69.75

69.00

Baker Hughes Inc. (BHI)

BHI -  You know it's not my favorite in that group...  BHI is in the wrong segment... It's got too much United States.  I need you to own Transocean (RIG)...  I would own RIG, and hope it gets to $130.  That's deep-water drilling.  When you listen to Exxon Mobil (XOM) yesterday, they're expanding drilling all over the world.  But I still think that RIG gets the lion's share of the big offshore... They also own GlobalSantaFe... so I don't like BHI.  I think it's not a good stock. I want you to sell it, and I want you to buy mine.  If you want domestic, then you buy Halliburton Company (HAL), which is very good at getting out the last bit of oil. 
 

RIG

138.43

137.15

Transocean Inc. (RIG)

See BHI comments above for:
RIG
 

HAL

38.64

38.30

Halliburton Company (HAL)

See BHI comments above for:
HAL
 

DIS

31.25

31.11

Walt Disney Co. (DIS)

DIS -  Earlier, I mentioned that Jones Apparel (JNY) was a very well-run company...  This situation is very similar.  You've got this guy, Igor, who is running DIS.  He's really fabulous.  The market hates these consumer stocks, whether it be JNY, whether it be DIS...  DIS doesn't have all that much concerns... it's got a lot of great things going... it's got some great dot-com stuff, it's got great hotels, it's got a great brand name...  I think when you buy a stock like DIS, you've got to take it off your screen  I just want you to own it for years and years... I want you to own it until Igor retires... because, one day, that business is going to turn and, when it turns, you're going to say thank heaven I held onto DIS.  Because that is a really well-run company, and we're not just going to cut and run from really well-run companies.  It's one of the stocks I've mentioned that you should buy for your kid, in Stay Mad For Life... and stay long it.  I will tell you when I think it's time to go, but that will be when Igor says it's time to go.
 

AMED

40.53

40.04

Amedisys Inc. (AMED)

AMED -  I like home healthcare... I like home healthcare.  I think that this could be a big win under the democrats, but I don't know where it goes under the republicans... It's been weak... I'm going to put a 'don't buy' until I know who's going to win in Washington...  That's one you're going to have to put on hold.  Don't buy, don't buy... 
 

YHOO

28.70

28.58

Yahoo! Inc. (YHOO)

YHOO -  Yahoo and Microsoft (MSFT)... Let's dispense with that immediately.  We are not arbitragers... The money's been made in YHOO.  Forget it.  Just ring the register.  Go.  Maybe you make three bucks more.  No more.
 

STLD

62.20

61.80

Steel Dynamics Inc. (STLD)

STLD -  We like the steel group.  I've been working up a major segment on steel...   Do you know that between 7-10% of big steel is going into windmills right now in this country?  That's why the order books are so up...  We saw Tata Steel raise rates... Posco Steel raised rates.  STLD is an excellent stock. It's only a dollar off its high, and I'll be recommending it.  I like United States Steel Corp. (X) too, and I like Reliance (RS) (buzzer sounds)...  I think you've got a great group there.  As a matter of fact, that's probably the strongest group of any of the questions we got on this show...
 

X

112.13

110.77

United States Steel Corp. (X)

See STLD comment above for:
X
 

RS

57.35

57.12

Reliance Steel & Aluminum Co. (RS)

See STLD comment above for:
RS
 

BSC

69.90

68.71

Bear Stearns (BSC)

BSC -  I have to tell you... the brokers have just been killed... The brokers are pulling their lines of credit...  After the close today, Citigroup (C) said it's pulling a lot of its mortgage money...  I believe in the BSC franchise...  There was a guy who quit from BSC today who was very important... and that was disappointing... a big M&A guy... But you know what?... At $69 bucks, I'm not giving up on the thing, but I've hurt people there...  Do you know that anytime I've recommended a financial on this show - other than Hudson City Bancorp (HCBK) - I've now lost you money?...  Anytime, since I've started...  So let do this... Let me say that I think BSC is a good franchise, for somebody that wants to own them...
 

KGC

26.31

26.31

Kinross Gold Corp. (KGC)

KGC -  KGC is good.  We've liked KGC for a long time...  Remember, though, we anointed a new player... we anointed Agnico-Eagle Mines Ltd. (AEM), which is up a quick 5 points in a week, in this horrible market!  I want to tell you that I think AEM is my #1 name in the group right now.  It could use a pullback... But your KGC is darn tootin' good.  I'd stick with gold here...
 

AEM

74.45

74.44

Agnico-Eagle Mines Ltd. (AEM)

See KGC comments above for:
AEM
 

[ end of lightning round ]

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