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The Lightning Round: |
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Friday,
March 27, 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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WFMI |
17.97 |
Whole Foods Market Inc. (WFMI)
Jim: Here is a stock
that has almost doubled since the great
and legendary
Danny Meyer from the Hospitality
restaurant chain which we know as being
Blue Smoke… recommended that stock as
part of the
Danny Meyer Index… boom, that stock
is up in a straight line…but do you know
what that says… now he is in the Cramer
dictive… bulls make money, bears make
money, hogs get slaughtered… sorry
Danny, let’s take profits Whole Foods.
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DHI |
10.81 |
DR Horton (DHI)
Jim: I am going to
give you two answers… one I mentioned
(this on) the wonderful and fabulous'
show, as being one that could be pulled
up by
KB Home (KBH)
which had a monster quarter… but I have
to tell you now you have to wait to buy
more… because the stock is up on a spike
this week… I think that it will pull
back… there are many people who are
bearish about home building… they don’t
understand that when we made this gutsy
call… when we made this call and
everyone laughed at us…. this call is
going to look like it was late and I
think Horton can retreat back $1.50...
and then I want you to buy more.
Price target to buy DHI: $9.31 or
lower
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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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Friday,
March 27, 2009
(Cont'd from
above)...
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The Lightning Round
(cont'd)...
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Friday,
March 27, 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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MRO |
27.31 |
Marathon Oil Corp. (MRO)
Jim: Here is the
deal… I think that Marathon is a buy…
now a lot of people are worried about
refining margins… still have Valero
under pressure… Marathon is a split…
they have refining and they also have
exploration and production…here is my
idea… I don’t think you buy it here… I
think you wait until $25... am I being
too dicey… no… where you initiate a
position often controls your mental
state on it… I say $25... buy, buy, buy.
Price target to buy MRO:
$25.00
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IP |
8.07 |
International Paper (IP)
Jim: Balance sheet,
balance sheet, balance sheet… It
is one of those stocks where you can’t
just look at the stock, you have to look
at the balance sheet… they took on way
too much debt… people are very concerned
about the debt situation and I have got
to tell you I am too… as we get some
lift you have to lighten up… but you are
going to start on Monday because we are
not going to get hurt by a bad balance
sheet if this recovery does not take
root in the spring… this is a tough one,
IP… so is
DuPont (DD),
so is
Dow Chemical Co. (DOW)…
you have to be very careful with these
companies that have a lot of debt… if we
don’t have a big snap back, we are going
to be in bear market, well Haiti… and
you are going to get hurt.
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DD |
22.70 |
DuPont (DD)
See IP comments above for:
DD
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DOW |
8.96 |
Dow Chemical Co. (DOW)
See IP comments above for:
DOW
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[verbatim recap]
[ End of the Lightning Round segment ]
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