The Lightning Round:
Monday, May 18, 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:

COP*

45.52

ConocoPhillips (COP*)

Jim:   Totally agree, ConocoPhillips with a 4% yield, it is actually very undervalued… it is the company that I think is most forward looking in the business, because it has a giant natural gas exposure courtesy of the buy of Burlington Resources not that long ago… management is terrific, they did not have a beautiful quarter, but it was better than others… and certainly a surprise, I think that ConocoPhillips is a huge buy… that is why I have been buying it for my charitable trust… pull the trigger right here and you will not regret it.

CAT

37.78

Caterpillar Inc. (CAT)

Jim:   Hey listen, I am a buyer of CAT even up here… why, because of international growth… and by the way, India was an interesting CAT play… I think that India is a major game changer… as we know from Tim Sullivan on Friday, who is the CEO of Bucyrus (BUCY), this country may now be ready to start buying some infrastructure business… but regardless, Caterpillar is an inexpensive stock that has just been killed by fears of a global depression, which I think ended on the date March 6th… that is why I have been buying Caterpillar for the trust, I think CAT goes higher.

ALTH

6.51

Allos Therapeutics, Inc. (ALTH)

Jim:   Well, I would rather have you put that in your kids account… that is a heavily speculative situation… it may pay off, it may not… we need some time for that small cell molecule biotech… I am willing to go with it only for spec… I am not willing to consider it a drug stock.

 

Continued below...  

 

Market Results today:

Dow:  + 235

Nasdaq:  + 52

S&P 500:  + 26

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

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Monday, May 18, 2009
(Cont'd from above)...

The Lightning Round (cont'd)...
Monday, May 18, 2009

Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name & Jim's Comments:

PTRY

19.88

Pantry Inc. (PTRY)

Jim:   If I am going to buy convenience store that is on the road, I am going to direct you not to The Pantry but I am going to send you to Cracker Barrel (CBRL)… which has a better earnings profile, and I like the restaurant business, and gasoline has peaked for the year… so let’s go with CBRL, lets not go with The Pantry… a couple of years ago it missed the quarter, never really recovered in my book.

CBRL

29.81

Cracker Barrel (CBRL)

See PTRY comments above for:
CBRL

MDRX

12.26

Allscripts Healthcare Solutions Inc. (MDRX)

Jim:   Well, you know what, that stock is on the move again… because the President is deeply committed to that healthcare reform, of which MDRX is a big part of it… but I do not want you to be greedy… you are now up 33%… using Cramer’s rules, lets take a little off of the table… I want you to schnitzel 33% of that… so you are going to start playing with a little bit more of the houses money… but I do bless it from a fundamental side because of the President.


 

NAT

33.90

Nordic American Tanker (NAT)

Jim:   I think you did not, I mean that I need to double check it, I do not believe that you got the dividend… but I am going to double check with our staff, I do not believe that you got it… I will say this, that Herbjorn has put up a spirited defense, of which we join him… remember, we did a full outrage saying that people who are angry with him are wrong… given the fact that the stock was barely off from where they announced the secondary… but I gotta find out what the must own date was before I say that you got it in the underwriting… I have got to come back on that.

ISIS

15.39

Isis Pharmaceuticals, Inc. (ISIS)

Jim:   It is like Allos Therapeutic, it is strictly a spec… I will endorse a spec in this environment, as opposed to an Amgen Inc. (AMGN) or a Celgene Corporation (CELG*), which are not spec… I think ISIS is a legitimate spec… and I would buy the stock because I think that we are in a very, very strong market.



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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