Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name & Jim's Comments:

WFMI

16.05

Whole Foods Market Inc. (WFMI)

Jim:   We had Danny Meyer, who is the absolute best restauranteur in America... actually, literally come on this show and recommend this stock... I think this was literally about six points ago... yeah... I mean, unbelievable, saying that the service is going to be... that the hospitality and service was going to be good. WFMI, I'm not going to be going against Danny Meyer, who has written the bible called Setting The Table about hospitality... not about service... And he says WFMI is going higher. I'm with Danny Meyer. I like shopping there too... although it's the most expensive place on earth.

TIF

20.77

Tiffany & Co. (TIF)
(caller, Bruce, said he was shorting TIF at $18)

Jim:   Now, just so we understand what Bruce is doing... he's making a bet against TIF, which would normally be a good bet, because the company's financials have been absolutely terrible... the quarter has been bad. However, given that everyone is starting to go by the rosy scenario, I think you're going to have to suffer some pain, and you're going to have to take the pain in that short, because the company's just too good to short against. I mean, in the $30s, maybe I'd bet against it... even in the $20s... but not here...

FLR

38.81

Fluor Corporation (FLR)

Jim:   Infrastructure is making its way back because of the correlation with oil. I thought FLR should never have been as low as it got. I thought the business was always much stronger. In a bear market, they took this one apart, because of hedge funds gone wild. I'm pulling the trigger, and saying yes to FLR. If it goes to $35, I'm pulling the trigger multiple times.

Price target to buy FLR:  $35.00

IP

7.42

International Paper (IP)

Jim:   You know, what... look, it's down so much that I'm not going to go against buying it, but they have done so much wrong that I just can't get behind it. I feel like they're Alcoa... Sure they can go up... they can even go up 10% in a good market, but I'm not going to get behind IP... don't buy, don't buy... not with the way they destroyed their balance sheet with that ridiculous commodity purchase, after they had gotten rid of the commodities a decade ago. What were they thinking?...

HE

13.62

Hawaiian Electric Industries Inc. (HE)

Jim:   There's kind of a depression going on in Hawaii, and this company has a lot of different businesses besides just being a power company. I'll take a shot at it down here at 9%, at a 52-week low... buy, buy, buy!... Because, you know what?... It just can't be that bad there. That's famous last words, I know. And probably all the networks will quote me as saying that...

TNH

129.86

Terra Nitrogen Company, L.P. (TNH)

Jim:   Well, I always remember, bulls make money, bears make money and hogs get slaughtered, but I think TNH is solid. I like it much more than Mosaic (MOS)... I like it much more than Agrium (AGU)... I like it much more than Bunge (BG)... and I like it much more than Monsanto (MON)... I think you've got a winner with a great yield, and I think you should stick with the rest of it.

MOS

43.50

Mosaic (MOS)

See TNH comments above for:
MOS

AGU

37.83

Agrium (AGU)

See TNH comments above for:
AGU

MON

81.98

Monsanto (MON)

See TNH comments above for:
MON

BG

57.37

Bunge (BG)

See TNH comments above for:
BG

JAVA

8.63

Sun Microsystems Inc. (JAVA)

Jim:   First of all, I think that JAVA should be sold, sold, sold... sell, sell, sell!... You already know the price that IBM (IBM) is going to pay, and you already got almost a double. Let's go, let's go, let's go... I think Cisco (CSCO*), which I own for ActionAlertsPlus.com, will not be affected by this purchase, because they are moving into a whole other forum of hardware... But I'm not worried.   Hewlett-Packard (HPQ*)... obviously, I own that for my charitable trust, like CSCO. There, I'm a little more concerned... Why?... Because that last quarter wasn't that good, but, in Mark Hurd, we trust... the CEO...

AAPL

101.62

Apple (AAPL)

Jim:   I'm not going to go against Apple. What we've discovered in the last few weeks is that, as they introduce new product after new product after new product, is that Steve Jobs is not alone... There are like a thousand Steve Jobs at Apple... I am sticking with my recommendation... Buy, buy, buy!... I think Apple goes higher.

[verbatim recap]

[ End of the Lightning Round segment ]