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The Lightning Round: |
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Wednesday,
January 28, 2009 |
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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: |
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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.
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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.
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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.
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Continued below...
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Market Results
today:
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See all of
tonight's
stocks
mentioned, on
Yahoo!
Finance,
here... |
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Wednesday,
January 28, 2009
(Cont'd from
above)...
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The Lightning Round
(cont'd)...
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Wednesday,
January 28, 2009 |
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Jim's
rating on
this stock |
STOCK
SYMBOL |
Closing
price that
day |
Full Company Name & Jim's
Comments: |
|
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AAPL |
94.20 |
Apple (AAPL)
See RIMM comments above for:
AAPL
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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.
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BNI |
68.86 |
Burlington Northern Santa Fe (BNI)
See CSX comments above for:
BNI
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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.
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[verbatim recap]
[ End of the Lightning Round segment ]
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