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The Lightning Round: |
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Thursday,
March 5, 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...
Now it is time
for the
Lightning Round…
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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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RSG |
17.31 |
Republic Services Inc. (RSG)
Q:
Republic Services?...
Jim: Why don’t I send
you over to
Waste Management (WMI)…
sell yours, buy mine… mine has got a 5%
yield… just downgraded the other day by
a very prominent analyst… but we had
Steiner on the show a couple of times,
he is very pro shareholder… 5% yield
with a company that has pretty
consistent earnings… I say that is one
worth owning.
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WMI |
23.40 |
Waste Management (WMI)
See RSG
comments
above for:
WMI
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Q |
3.14 |
Qwest (Q)
Q: I know
that you like
AT&T (T)
and
Verizon
(VZ),
but it is only $3.14 a share, the
dividend yield for Qwest is a whopping
11%, or .32 cents?...
Jim: I am not against
buying Qwest… but I would put it in the
speculative… Verizon and AT&T upgraded
today by an analyst that said that the
yield is safe… now Qwest did have a good
quarter… so did
Sprint
(S)…
these are little guys that I would put
in there wild card so to speak… so I am
not against buying some Qwest… and I
think that the yield is safe… and they
are making a nice turn in that company…
and I congratulate them because they
were down and out, they are off the
canvas.
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CMI |
19.48 |
Cummins Inc. (CMI)
Q:
Cummins, we bought, unfortunately,
several months ago when it was a little
less than $75, that was the high...
Jim: Oh, ouch… remember
we don’t care where it comes from, we
care about where it is going to… and
Cummins because it doesn’t have a 5%
yield yet… and is very industrial… I
think it is still going to go lower… we
had a great trade in Cummins, that is
when we went to the Hoosiers, when we
went to Indiana… that is when I ripped
my Baroni suit on the big engine… ooop,
Baroni that probably makes me into a fat
cat.. but I think that Cummins can go
lower before it goes higher… and I want
you to take a little off of the table.
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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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Thursday,
March 5, 2009
(Cont'd from
above)...
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The Lightning Round
(cont'd)...
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Thursday,
March 5, 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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UPS |
39.97 |
United Parcel Service, Inc.
(UPS)
Q: My
husband and I are both retired, and we
have secure assets for a 5+ year
horizon, in addition, however, we own a
significantly large number of shares of
United Parcel Service?...
Jim: Do you know that I
was actually going to do tomorrow?...
Recommend UPS… until I saw the
transports… I was talking with the
transports with the wonderful and
fabulous one that does the 2:00 o’clock
show… UPS yields north of 4% now…
FedEx Corporation (FDX)
hit a 52 week low worries me… you listen
to the UPS conference call you can hear
a lot of great things… they have done a
lot of terrific things in terms of
getting the union costs under control…
the pension costs under control… they
have room to be able to boost the
dividend… it is incredibly well-run… and
they are doing better because the DHL
competition is gone… so I would tell
you, I would hold onto my UPS… but you
may have to strap yourself in… because
it could go down to a 5% yield… in other
words, the yield goes up obviously
because the stock goes down… but it is a
great company.
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CLF |
13.11 |
Cleveland-Cliffs Inc. (CLF)
Q: What
do you think of Cleveland Cliffs, or
Cliffs Natural as they call it now?...
Jim: No, no, no… if we
want to get in that game,
BHP Billiton Ltd. (BHP)
because we have got that great yield and
we have got the China factor… which
right now everyone thinks that China is
on old because it is only growing 8%…
what would we do to grow 8% in this
country.
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BHP |
35.52 |
BHP Billiton Ltd. (BHP)
See CLF
comments
above for:
BHP
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PCS |
14.16 |
MetroPCS Communications Inc.
(PCS)
Q: I want
to know about MetroPCS
Communications?...
Jim: Yeah, you know I
looked at that earlier… I mean if I am
going to be in wireless, I am very
conservative right now… I am going to go
with Ivan Seidenberg (i.e.,
Verizon
(VZ),
I am going to go with tail-gunner Ivan…
I think that he has got that good yield
and it is save… and it has got the
Verizon wireless, $15, only half owned
because of the pod phone… but let’s be
really conservative here… let’s switch
over to Verizon from any of the small
guys… unless we want to play spec.
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VZ |
27.91 |
Verizon
(VZ)
See PCS
comments
above for:
VZ
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CHK |
14.46 |
Chesapeake Energy Corp. (CHK)
Q: I
would like to know your opinion on
Chesapeake Energy?...
Jim: Well, you know it
has the unfortunate of being very clean
natural gas, which is therefore very
dirty according to the new President… so
I had felt that natural gas was going to
have a resurgence because I was under
the mistaken impression that a lot of
things that were said during the
election were going to come to pass… it
looks like it hasn’t…. Aubrey McClennan
got margined out, he was kind enough to
come on here and tell the truth, and say
how hard it was… but I am only
recommending integrated oils right now…
I am not going to recommend Chesapeake….
if you do want a natural gas play, after
the Anadarko find earlier this week… I
felt better about
Anadarko Petroleum
(APC)
and Jim Hackett… that would be my
natural gas play… but I prefer the
integrateds.
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APC |
32.93 |
Anadarko Petroleum
(APC)
See CHK
comments
above for:
APC
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[verbatim recap]
[ End of the Lightning Round segment ]
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