Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name & Jim's Comments:

GLD

91.98

streetTRACKS Gold Shares (GLD)

See NAK comments above for:
GLD

DOW

8.80

Dow Chemical Co. (DOW)

Jim:   I was talking to my friend Matt Horning, who does a lot of my accounting work… and he said that Dow has bottomed… I sure wish that the anti-trust division had stopped the Rohm & Haas (ROH)… that was something that Obama could have done for the people… I think that Dow and Dupont have bottomed… but that says to me to buy PPG Industries Inc. (PPG) because I want higher quality… I think that one has bottomed… I also think that there is a bottom in International Paper (IP)… but I am unwillingly to pull the trigger because I don’t like the balance sheet.

PPG

36.88

PPG Industries Inc. (PPG)

Jim:   I

IP

8.19

International Paper (IP)

Jim:   I

KO

44.75

Coca-Cola (KO)

Jim:   Yes, yes… now remember Coca-Cola is largely exposed to the dollar and it hinged in certain currencies but not others… why do like Coca-Cola so much besides the fact that the chart looks like it is going steady to $50... one it has got that almost 4% yield… two it has been in a pricing war with Pepsi (PEP*) which I own for ActionAlertsPlus.com, my charitable trust, which was up today and it looks real good… and I am hearing from sources that the price war and the decline in North America is now over… I am hearing that early on… Coca-Cola is a buy… and don’t forget convenience store purchases of sodas are gigantic and convenience store business has improved dramatically since oil and gasoline went to $2... I am a buy, buy, buyer of KO.

PEP*

52.47

Pepsi (PEP*)

See KO comments above for:
KO

ALNY

18.61

Alnylam Pharmaceuticals, Inc. (ALNY)

Jim:   I got to tell you here badger, that is an interesting spec… I happen to like to have a spec… I do them on Fridays… that is one that I would actually put as the fifth stock in a portfolio… knowing that it could have strong upside, some downside… because I do like the early stage therapeutic companies.

SIGM

11.38

Sigma Designs Inc. (SIGM)

Jim:   I will tell you something… I actually saw Jabil Circuit Inc. (JBL) report a good quarter today… I don’t mind thinking that Western Digital (WDC) can turn… but remember why we stay with designs... I would rather share with you Taiwan Semiconductor (TSM) or Xilinx Inc. (XLNX)… both of those are better.

WDC

19.02

Western Digital (WDC)

See SIGM comments above for:
WDC

TSM

9.01

Taiwan Semiconductor (TSM)

See SIGM comments above for:
TSM

XLNX

19.94

Xilinx Inc. (XLNX)

See SIGM comments above for:
XLNX

X

23.47

United States Steel Corp. (X)

Jim:   When the stock was at $17 to $18 somebody downgraded it on pension concerns… and I said to myself, you have got to be kidding me… this stock has gone from $190 to $17... which is actually more precipitous than it did in the 1929 to 1932, 85% retracement in the Dow… are you out of your mind… I think John Simmers should come on the show and tell us the US Steel is going to well even in this environment… now, let me tell you two things though… the steel business is weak, and I prefer Nucor (NUE) to it…and I am worried about the dividend… but if the stock goes back to $17, $18 we pull the trigger immediately… and I tell you something, I would not mind schnitzeling a little letter X right here, right now.

NUE

39.08

Nucor (NUE)

See X comments above for:
NUE

[verbatim recap]

[ End of the Lightning Round segment ]