The Lightning Round:
Wednesday, January 28, 2009

See all of Jim's comments and thumbs up or down, when callers call into the show during the Mad Money Lightning Round Segment, below...

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Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name & Jim's Comments:

GEOY

18.60

GeoEye, Inc. (GEOY)

Q:     What about GeoEye symbol GEOY?

Jim:  
Yeah, you know we used to like this company… it is an imaging company from 3D imaging… I know I regard it in this environment as being too speculative… we need a yield or recession resistant… either a yield or recession resistant or else we are going to have put our thinking caps on and figure out another way to try to own it… I can’t come up with one for GeoEye.

GS*

87.70

Goldman Sachs (GS*)

Q:     Goldman Sachs, big run in the last 7 days, I pull the trigger today. Did I get out too soon?

Jim:  
Okay, no, I scaled some back for ActionAlertsPlus.com, my charitable trust… I bought some at $60... let me say this about Goldman Sachs… the tangible value of Goldman Sachs is about $88... I totally believe in the books… David Fitter the CFO is terrific… you know that I am totally in sync with Lloyd Blankfein who is the CEO… this company is … of all the companies that took TARP money… this is the one that is most likely to be able to pay it off… they can even do an equity offering when the stock got to $100... it would be non- dilutive… they are having a good quarter… this is not a bank that needs a bad bank.. they don’t have any bad assets… I think you are fine… I say that if you have any left… let it go higher.

RIMM

56.63

Research In Motion (RIMM)

Q:     I have been buying RIMM since the first of December, and I am wondering do I take some profit even though I continue to add more?

Jim:  
I don’t know… bulls make money… bears make money… hogs get slaughtered… but everyday in RealMoney.com, where I am… part of TheStreet.com, where I am chairman… I keep saying RIMM is breaking out… I have liked it all the way down… I liked it all the way up… I liked it all the way down again… because I like RIMM… I like Blackberry… wait a second… I am on a discourse here… that will be better than Dunkin in the play that they made me read in like 8th grade… okay, here is the deal… I think that Research In Motion sales from just Verizon alone… and Cramer fave Ivan Seidenberg… are unbelievable… and let me just give you a two-fer… anyone should listen… go and listen to Randall Stephenson's AT&T call… why they sold that stock is ridiculous… iPhone sales there… I have given you a two-fer saying that Apple (AAPL) and Research In Motion are buys… I don’t want you to sell… on any pullback I want you to buy… am I more emphatic than that?…. No.

 

Continued below...  

 

Market Results today:

Dow + 200

Nasdaq + 53

S&P 500:  + 28

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Wednesday, January 28, 2009
(Cont'd from above)...

The Lightning Round (cont'd)...
Wednesday, January 28, 2009

Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name & Jim's Comments:

AAPL

94.20

Apple (AAPL)

See RIMM comments above for:
AAPL

CSX

31.01

CSX Corp. (CSX)

Q:     With coal stocks back in play, what is your opinion on CSX Railroad?

Jim:  
No, no… I know the coal business is good… but fertilizer business is coming back… it has got some auto business that is just okay… it has got some timber business that is not that good… I cannot embrace CSX as much as I would like to because it doesn’t have the yield that I want.. and yes I do like Michael Ward… I was looking at Union Pacific today cause it has a good yield… Norfolk Southern… you know
Warren Buffett likes Burlington Northern Santa Fe (BNI)… but I don’t think that we are in a position to be able to buy the rails… I want to sell Norfolk Southern while we are at it… it was up nice today.

BNI

68.86

Burlington Northern Santa Fe (BNI)

See CSX comments above for:
BNI


 

CAT

33.00

Caterpillar Inc. (CAT)

Q:     I've got to find out about CAT - Caterpillar?...

Jim:  
Alright, Caterpillar... everyone was very worried about the quarter… they thought the quarter was bad… how about the fact that the stock didn’t take out $30... where it was supposed to open when it was on Squawk Box… I think Jim Owen did a good job… I think he is finally down… but he has finally sliced earnings from $5 down to $2.50... I think he can make the $2.50... I think that the yield is fine… basically what I am saying is… I like the accidentally high yielding Caterpillar… and I want to stay with it.

 

[verbatim recap]


[ End of the Lightning Round segment ]

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