Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name & Jim's Comments:

EPD

24.37

Enterprise Products Partners LP (EPD)

See PCL comments above for:
EPD

KMP

48.75

Kinder Morgan Energy Partners (KMP)

See PCL comments above for:
KMP

CRM

40.65

Salesforce.com (CRM)

Jim:   Alright, now this is one that has always confounded me… and I will tell you why, it is always expensive… but the CEO, Mark Benough, is really about the best CEO in the world… and the software is unbelievable… so we have this situation where we have got the best product for software, you have got the best CEO, but you have a price to earnings multiple of 100... 40 times next year… anybody who wants to take a risk and own a technology stock with great growth should pull the trigger CRM… customer retention management… that is they symbol for Salesforce.com.

LINE

16.26

Linn Energy, LLC (LINE)

Jim:   I have to tell you they keep paying that yield… lets so we understand, this is an e&P company… exploration and production… I wrote a couple of pieces today on RealMoney.com, the paid site of TheStreet.com where I am chairman… where I am marveling that at $3.20 that any of these nat gas companies can make money… so I am saying don’t buy… by the way, a hidden story that the major media outlets refused to pick up is the dramatic decline in natural gas which benefit’s every single user… and is a major reason as to why costs are down, year over year… besides housing

NOV

30.16

National Oilwell Varco (NOV)

Jim:   Nobody liked the quarter last week, I am surprised that anyone did think that they would like it… the oil drilling, oil service business is challenged with prices of natural gas at $3.20... if you want to own a natural gas company, I am going to send you an integrated natural gas company like ConocoPhillips (COP*)… if you want to own a driller, drilling service, I have to send you back to Schlumberger (SLB)… I still think those stocks are overvalued… NOV, I think, is overvalued.

COP*

41.03

ConocoPhillips (COP*)

See NOV comments above for:
COP*

SLB

48.38

Schlumberger (SLB)

See NOV comments above for:
SLB

PPL

29.65

PPL Corporation (PPL)

Jim:   I had at one time paid a big bill to PPL, and I have to tell you that yield is just okay… why not go with Consolidated Edison Inc. (ED), which is doing very well, Kevin Burke and I had dinner last week at the FDNY Foundation where I was proud to mc… and he was an honorary humanitarian… ConEd at 6%… also Dominion Resources Inc. (D) don’t forget 6% where they have an automatic buy program for the executives… both are better than PPL.. I repeat, I would buy Dominion and I would buy ConEd… those are two of my favorite utilities more than PPL.

ED

37.61

Consolidated Edison Inc. (ED)

See PPL comments above for:
ED

D

29.57

Dominion Resources Inc. (D)

See PPL comments above for:
D

AG

24.25

AGCO Corp. (AG)

Jim:   Well, you know I am not a big… frankly I am not a big believer in the ag stocks… the only that I have recommended, and by the way it acted well in an environment where both Mosaic (MOS) and Agrium (AGU) didn’t do well… is Terra Nitrogen Company, L.P. (TNH)… it has got that 6% yield… yes it is true they did cut the distribution… it is at $129 and it is the only ag stock that I am getting behind… and I am not changing my mind.

TNH

129.92

Terra Nitrogen Company, L.P. (TNH)

See AG comments above for:
TNH

FDP

17.03

Fresh Del Monte Produce Inc. (FDP)

Jim:   Why risk it… why not go with the guy who released earnings last week that were a thing of beauty, Hershey Co. (HSY)… and then suffered thru a downgrade that was miserable and raw…. I think that HSY is the food stock to own right here.. because it has got the genuine momentum… and it tastes good… but of course, more feeling.

HSY

35.86

Hershey Co. (HSY)

See FDP comments above for:
HSY

[verbatim recap]

[ End of the Lightning Round segment ]