Mad Money Recap | Nightly Recap for: Friday, May 15, 2009

The Lightning Round:

Friday, May 15, 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…

Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name & Jim's Comments:

34.86

Consolidated Edison Inc. (ED)

Jim: ED does not have any "cap in trade"... Remember, we had Mr. Burke on... I was also very proud to serve with him at the FDNY... the Fire Department's foundation... we were both on the dais together... ED saw this coming... they had no cap in trade exposure, so it's good to go... D has a fabulous mix... Again, I think that has the least exposure, however, one of the least exposure of most of the utilities... ED has a 6.7% yield that I think is fine... they just got a big rate increase. I do like Dominion (D), even though it has a lower yield, I think it's a safer one right here.

30.52

Dominion Resources Inc. (D)

See ED comments above for:
D

POM

11.89

Pepco Holdings, Inc. (POM)

Jim: I'm worried... That yield is so abnormally large... I'm writing the new book, right now... I'm talking about yields that are too large. That yield is worrisome. First Energy reported a really bad quarter this morning with a lot of questions about electric growth. Let's stick with Dominion (D), okay... and let's stick with Consolidated Edison (ED)... Those are the only two utilities that I'm recommending. Duke Energy (DUK) is all the way down too... Remember, I like Kinder Morgan Energy Partners (KMP) and I like Enterprise Products Partners LP (EPD), if you want more yield. Those are my yield plays.

Great Resource! -- Jim Cramer's 25 Rules For Investing >>

Continued below...

Market Results today:

Dow: - 62

Nasdaq: - 9

S&P 500: - 10

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

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

Friday, May 15, 2009
(Cont'd from above)...

The Lightning Round (cont'd)...

Friday, May 15, 2009

Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name & Jim's Comments:

KMP

46.23

Kinder Morgan Energy Partners (KMP)

See POM comments above for:
KMP

EPD

24.14

Enterprise Products Partners LP (EPD)

See POM comments above for:
EPD

TCK

12.10

Teck Cominco Limited (TCK)

Jim: I want you to take all your money out, that you put in, and let the rest run. Actually, take a little bit more out... Here's what I suggest you do in a situation like that... You have a $3 basis (i.e., what he paid)... I want you to take out all the house's money, and then I want you to take out another $3, which is a double. If you lock that in, and then let the rest run, you locked in a double, and you can't lose... and congratulations, our viewers are so smart.

2.98

Hecla Mining Co. (HL)

Jim: One of my absolute least-favorite mining companies. It's never really made a lot of money for people... It's been, I think, a sub-par performer. If we want to own mining, let's get the pecking order... First, we like SPDR Gold ETF (GLD) as the direct play for gold... Second, we like Agnico-Eagle Mines Ltd. (AEM), because of the finding costs, and we like the CEO very much there... and that's Sean Boyd, who's been very honest, and is going to pay a big dividend... Lowest finding cost is Eldorado Gold Corp. (EGO)... And Randgold Resources Ltd. (GOLD) had a darn good quarter. That is my complete and utter panoply of gold...