The Lightning Round:
Friday, March 27, 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:

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.

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

 

Continued below...  

 

Market Results today:

Dow:  - 148

Nasdaq:  - 41

S&P 500:  - 16

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Friday, March 27, 2009
(Cont'd from above)...

The Lightning Round (cont'd)...
Friday, March 27, 2009

Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name & Jim's Comments:

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

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.

DD

22.70

DuPont (DD)

See IP comments above for:
DD


 

DOW

8.96

Dow Chemical Co. (DOW)

See IP comments above for:
DOW

 

[verbatim recap]


[ End of the Lightning Round segment ]

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