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The Lightning Round: |
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Monday,
March 9, 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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ED |
32.70 |
Consolidated Edison Inc.
(ED)
Q: Our
old friend accidentally high yielder,
Con Ed(ED) hit a year low today, and I
am worried about that accidentally high
yield?
Jim: I am not worried… I
am amazed… the utility index is flashing
like major, major recession, if not
depressions… I mean when I see Con Ed at
7% yield, and I know the business is
fine… I do want to pull the trigger… but
I now sound like a broken record from
$38 all the way down to $32... it is a
good situation… I don’t know what else
do say.
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DE |
25.78 |
Deere & Co. (DE)
Q: John
Deere?
Jim: This is one of
those companies that has been just
alienated bad… and I have to tell you,
it ain’t over… they missed the quarter,
they should have made the quarter… this
$25 stock sees $20 before I will
pull the trigger.
Price target to consider buying:
$20.00
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ATN |
8.32 |
Atlas Energy Resources LLC
(ATN)
Q: Atlas
Energy?
Jim: No, that is one of
those that I think the yield is flashing
danger, danger, danger.. it is a natural
gas producer, natural gas is going to
have a hard time holding $4... I think
even at these prices it could still go
to $5.
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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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Monday,
March 9, 2009
(Cont'd from
above)...
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The Lightning Round
(cont'd)...
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Monday,
March 9, 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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ATVI |
10.18 |
Activision Blizzard Inc. (ATVI)
Q: Is
Activision Blizzard is that a buy?
Jim: I mean I got stocks
like
Verizon
(VZ)
yielding 7%… we can’t go down there and
start buying Activision… this market is
too awful for that… I am sorry, I have
got to go with the major leaguers.
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VZ |
26.18 |
Verizon
(VZ)
See ATVI comments above for:
VZ
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JNJ* |
46.60 |
Johnson & Johnson (JNJ*)
Q: I am
in the house of pain on Johnson &
Johnson?
Jim: It is a band-aid
situation my friend… just put the
bank-aid on and a little baby powder and
I think we will be okay… I own it for
ActionAlertsPlus.com, my
charitable trust,
people feel that they are going to
overpay for Schering-Plough… I think
that Vytorin might be as much as 60% of
the earnings of Schering… I do not
believe that the Remicaid is going to
matter that much to JNJ… in other words
I don’t think JNJ is going to overpay…
that is not their style… I want to buy,
pull the trigger… JNJ.
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Read Jim's next Segment
here
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Search for Jim's past comments about a specific
stock. Use
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(e.g., GOOG or "Google") |
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