The Lightning Round:
Wednesday, April 8, 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:

PWR*

21.55

Quanta Services Inc. (PWR*)

Jim:   I sold the Quanta Services for my charitable trust, ActionAlertsPlus.com, for a particular reason, because a lot of the stocks that were Obama so called stocks, they ran up… and I did not want to be caught if things started getting, if people thought that they couldn’t get thru Congress or anything like that… Quanta is a good solid stock… it does the power transmission lines that he wants to do as part of the infrastructure… $21, probably goes to $23... one point downside, couple up… I think you should keep it.

FSLR

135.69

First Solar (FSLR)

Jim:   We need oil at about $80, $90 to be able to FSLR… or we need the budge deficit solved which doesn’t look like it is going to happen in our lifetime… so I do not think that there is enough money in the budget to make it so that First Solar does well… remember, First Solar’s strength was that Germany gave it a lot of orders… that subsidy is now over… I think First Solar is a stagnant stock… I say, don’t buy.

SHPGY

36.31

Andy Reid from the Philadelphia Eagles called in to congratulate Jim on his 1000th show... and asked about...

Shire Limited (SHPGY)

Jim:   Shire is good, it has attention deficit disorders drugs… no, it has got a great panoply of drugs, and I think that we are coming out of a depression into a recession… I think that stock works here… I am a buyer of Shire Pharmaceuticals.

 

Continued below...  

 

Market Results today:

Dow:  + 47

Nasdaq:  + 29

S&P 500:  + 9

See all of tonight's stocks mentioned, on Yahoo! Finance, here...

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Wednesday, April 8, 2009
(Cont'd from above)...

The Lightning Round (cont'd)...
Wednesday, April 8, 2009

Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name & Jim's Comments:

JCG

14.61

Eric Schmidt, Chairman and CEO of Google, called in to congratulate Jim on his 1000th show...

Caller asked about:    J. Crew Group (JCG)


Jim:   Mickey Drexler is terrific, I know that he is really concerned that the retail environment is really bad… I feel like that I missed the stock… it has a very big move off of the bottom… but it was in the $20’s… my problem with Crew like so many of these other stocks… is that it is up 6 from the bottom, which is huge, but it is down $30 from the top… let’s do this… at $12... pull the trigger.

Price target to buy JCG:   Wait until it reaches $12.00 or lower

na

na

Donald Trump called in to congratulate Jim on his 1000th show.
He asked for Jim’s opinion on what is going to happen with real estate in New York.

Jim:   This is a novice talking to his professor real estate … do you mind if I complete defer to you and you tell our great audience of Cramericans what is going to happen?

Donald:    Well, I think it will be just fine but I also know that “The Apprentice” that you are going to be on very shortly, is doing fantastically well, Jim.

Jim:   I have seen the numbers sir, and you are taking over Sunday night and you rule.

 

 

 



That's it.  It was a shortened Lightning Round, to allow for calls in for congratulations regarding Jim's 1000th episode of Mad Money...


 

 

[verbatim recap]


[ End of the Lightning Round segment ]

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