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The Lightning Round: |
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Wednesday,
May 13, 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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EK |
2.59 |
Eastman Kodak (EK)
Jim: Wow... I did not
know that (caller indicated that he
heard that
Wal-Mart (WMT*)
was dropping all Kodak products)...
I have to tell you... Mr. Haslett, Jim
Haslett... he's the product manager for
EK... who was helpful and was
behind the scenes and did a lot of
terrific stuff with Celebrity
Apprentice... he and I were
talking about the product line...
The product line is good, but the
finances at Kodak are bad. So I
think, at $2 bucks, is there downside?
Not a lot... but I am not a bull on
Kodak... Sell, sell, sell!... There
frankly is a core business that
continues to bleed that's more important
than their excellent printer business.
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ARO |
31.95 |
Aeropostale Inc. (ARO)
Jim: Look... I've got
retailers that are down so much that
they look "up" to me... Why would
we buy the one that's the strongest.
I say, ARO... give it a rest. Now,
I have to admit... you say, Jim, you
didn't even like ARO all the way up...
I didn't... So you can argue that
I don't have a standing in this, but I
do know their stock did have a big
run... sell, sell, sell... even though
the fundamentals look good.
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SJM |
40.10 |
J. M. Smucker Company (SJM)
Jim: It's a great
brand name... it's a great company.
Far be it for me to tell you to get rid
of the great brands and a company that
did well during the great... during the
horrible peanut butter scandal... in
that terrible situation. I think
it's immunized, I think it's tested...
buy, buy, buy... I'm a buyer.
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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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Wednesday,
May 13, 2009
(Cont'd from
above)...
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The Lightning Round
(cont'd)...
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Wednesday,
May 13, 2009 |
|
Jim's
rating on
this stock |
STOCK
SYMBOL |
Closing
price that
day |
Full Company Name & Jim's
Comments: |
|
|
UBS |
13.02 |
UBS (UBS)
Jim: UBS has
stumbled... If you had asked me
two years ago which bank would be a
conservative, terrific bank, I would
have said UBS. I would have said
be a buyer of UBS. I'd rather be a
buyer of
Goldman Sachs (GS*)
right now... even if top-gun trader,
Rick Bensignor is right, and I'm wrong
on GS*... but I certainly prefer it to
UBS... UBS has to get its house in
order.
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GS* |
129.26 |
Goldman Sachs (GS*)
See UBS comments above for:
GS*
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TRLG |
18.81 |
True Religion Apparel
Inc. (TRLG)
Jim: I have done a
lot of work on True Religion, because
they opened a True Religion next to me
at 14 Wall Street at my day job at
TheStreet.com... and
I have scrutinized the merchandise, and
I cannot believe that this company is
doing this well... but they have a huge
wholesale business, and a giant
international business, and it is doing
very well and, on a pullback, I want to
buy TRLG. By the way, I once gave
one of my daughters a $250 gift
certificate to True Religion...
That was enough to buy the left pant
leg...
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LVS |
8.65 |
Las Vegas Sands (LVS)
Jim: Okay, listen
Chris... this is a question of style and
tactics, not a question of
fundamentals... You've now taken the
house's money out (by selling half his
position after a gain), so you're free
to play... I think the casino
group's down for another leg... I
want to be very careful... I
want you, tomorrow, to sell another
half. That will leave you with
25%, and that you can let run. You
will have locked in a profit. No
one ever got hurt taking a profit.
I think you're in great shape, and I
congratulate you on knowing how to do
this business. Clearly, this is
someone who has read
Jim Cramer's Real Money: Sane Investing In An
Insane World... now in
paperback.
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HUN |
5.92 |
Huntsman Corp. (HUN)
Jim: I don't trust
that dividend. I think this is a
speculative name. I think that, if
you buy this stock, you should recognize
that it's already doubled from the
bottom and, therefore, a lot of the good
speculation is out of it.... and I am
saying don't buy, don't buy... If
you need more information, BBT's Frank
Mitch is the best analyst on HUN, and I
am going to defer to him, but I don't
want to buy that stock at this level...
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See all of this
week's Lightning
Round picks
in one place at:
www.madmoneylightninground.com
[verbatim recap]
[ End of the Lightning Round segment ]
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