Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name & Jim's Comments:

HD

21.91

Home Depot (HD)

See SPTN comments above for:
HD

NSC

39.52

Norfolk Southern Corp. (NSC)

Q:     How about NSC with this kind of economy?

Jim:   As I said today on the wonderful fabulous Erin Burnett's Stop Trading, we are not recommending any of the rails… why… because even though they are at a 52 week low.. we still want to sell them… they have no yield protection… the businesses are slowing… a lot of the business are levered to fertilizer, to timber, to oils… hey, did any of those go up… not that I know of… I think the numbers are going down… you can buy those stocks lower… in the case of CSX Corp. (CSX), I won’t get in until it is $22... even though I like Michael Ward, he is the CEO.

CSX

30.10

CSX Corp. (CSX)

See NSC comments above for:
CSX

PG*

57.86

Procter & Gamble (PG*)

Q:     I just wanted to hear your take on P&G?

Jim:   P&G, which I have just trimmed down for ActionAlertsPlus.com, my charitable trust… I think they are going to have a so, so quarter… why do I say that… well, because they told us that… I think Proctor & Gamble is second half story for 2009, not a first half… not my favorite in the soft goods… and I would be careful… until after they report.. I did an article today in RealMoney.com, which is the paid section of TheStreet.com, where I am chairman… I said I think this stock could go to $55.

MTW

6.86

Manitowoc Co. Inc. (MTW)

Q:     Do you still think Manitowoc is a good infrastructure play?

Jim:   No, this is a crane play… and there are two many cranes… there are a lot of returned cranes… I don’t like it… I was kind of hoping that there would be a marriage… you know what I was thinking about… when I said that… I was thinking of Nyack paper plains marriage between Manitowoc… which was trying to buy Enodis at the same time that Illinois Tool Works… they ended up paying much more than the whole company is worth… Manitowoc came all the way down… but then we had the CEO of Illinois Tool Works (ITW) on last week… and he said that he is not the least interested in buying Manitowoc… so I am not the least interested in buying Manitowoc.

BEBE

5.26

Bebe Stores, Inc. (BEBE)

Q:     bebe Stores?

Jim:   bebe stores is a trading stock… I liked it at $5... and then it went to $7.. we had a really big gain… and now it is back to $5... I say at $4.75... which it has a lot of stock in the balance sheet.. we will buy it again.. but remember retail is just a trade except for Wal-Mart (WMT*)… the only retailer I own for ActionAlertsPlus.com, my charitable trust.

Price target to buy BEBE again:  $4.75

WMT*

51.56

Wal-Mart (WMT*)

See BEBE comments above for:
WMT*

HAL

17.20

Halliburton Company (HAL)

Q:     I want your opinion and advice on Halliburton?

Jim:   I think Halliburton is a sell… I think the numbers are too high in natural gas… I think it is going to go to $4... maybe even $3... why do I say that?… this is the biggest cold wave that this country has had in maybe years… and natural gas broke $5... what would happen if it got warm?… that means that Halliburton is really, really to me…got really, really bad earnings problems… I want you to sell, sell, sell tomorrow morning. I told people to sell on National Oilwell Varco (NOV), and Transocean Inc. (RIG)… those are down enough I don’t want to hear about them anymore.

NOV

24.03

National Oilwell Varco (NOV)

See HAL comments above for:
NOV

RIG

49.60

Transocean Inc. (RIG)

See HAL comments above for:
RIG

DAL

10.29

Delta Air Lines Inc. (DAL)

Q:     What about Delta Air Lines?

Jim:   Delta Air Lines, very easy… I never recommend airline stock on the show, and I am not about to now… but I do point you to an excellent article in last weeks Business Week, where Steve Hather, my friend is the Editor.. and it was about how Delta might be the only airline to really be in great balance sheet because of the merger in the northwest… so I am not going to recommend it… but if I had to own an airline stock… if someone put a gun to my head… I would say first of all, get that gun away from my head… but secondly I would say that you could buy Delta.

[verbatim recap]

[ End of the Lightning Round segment ]