The Lightning Round:
Monday, March 23, 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...


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:

OSG

27.12

Overseas Shipholding Group Inc. (OSG)

Jim:   Partner, partner listen to me… I don’t have enough evidence to trust that dividend… but I do about Natty Dread… Nordic American Tanker (NAT) is my play… I am not going to deviate… I start going down to OSG, and then the next thing I know the critics are saying oh he doesn’t know anything about OSG… but I do know about NAT than anybody… you go with Nordic American Tankers.

NAT

28.93

Nordic American Tanker (NAT)

See OSG comments above for:
NAT

 

Continued below...  

 

Market Results today:

Dow:  + 497

Nasdaq:  + 98

S&P 500:  + 54

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Monday, March 23, 2009
(Cont'd from above)...

The Lightning Round (cont'd)...
Monday, March 23, 2009

Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name & Jim's Comments:

PWR

22.14

Quanta Services Inc. (PWR)

Jim:   I took profits in Quanta today… I am doing much better than the stock market for ActionAlertsPlus.com, my charitable trust… I rang the register in Quanta… in order to be able to recycle into some heavier cyclicals… may I suggest that you do the same thing… Quanta, we are declaring victory and moving on.

FDP

16.98

Fresh Del Monte Produce Inc. (FDP)

Jim:   Fresh Del Monte is fine with me, I am still going to recommend it… but may I just add that I think that Hershey Co. (HSY) is the better buy… I would buy Hershey’s right here, right now.

HSY

36.22

Hershey Co. (HSY)

See FDP comments above for:
HSY


 

CIM

3.15

CHIMERA INVESTMENT (CIM)

Jim:   Chimera has made many mistakes since it became public… I endorsed it when it became public… I was dead wrong… it has since then done a refinancing, it has now become a $3 call option on the return, perhaps in the toxics… I will go for it as a $3 call option only… but not as an investment… just a trade.

Price target to buy as a quick trade:  $3.00

 

[verbatim recap]


[ End of the Lightning Round segment ]

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