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The Lightning Round:
Friday, June 5, 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:

WFC*

24.72

Wells Fargo (WFC*)

Jim:   Oh... Wells Fargo. Okay, Wells Fargo, I own it for ActionAlertsPlus.com, my charitable trust. Now, why is it not ramping? Because people believe that it is only a matter of time before they have to another deal in order to pay back TARP. Do I know if that's the case or not? All I care about is that it's a complete lid on the stock. I wish that (Treasury Secretary) Geithner would put out some regulations so we'd know if they have to do it again. But, until then, Wells is just going to mark time! (i.e., stay flat at about the same price)


ACH

26.35

Aluminum Corp. of China Ltd. (ACH)

Jim:   You know what?... I've been looking at this because there was a couple of series... A guy named Howard Simons who writes for RealMoney.com... where I'm chairman... He was talking about how the metals exchange was showing that there's a dramatic increase in demand for aluminum... but that Alcoa, Inc. (AA) is barely related. I think ACH is very related. I like your pick. I want to be a buyer! And that's very rare that I recommend Chinese stocks.


CHK

23.28

Chesapeake Energy Corp. (CHK)

Jim:   May I say that I had three nominations this week for Aubrey McClennan (CEO) to be on
the Wall of Shame, because of how much he paid himself, despite the disastrous results and the fact that he's just lining his pockets. I point that out. There are still nominations for the Wall... I have no friends... I say that at the beginning of the show every night. I wanted to pass this on, because people were angry that I didn't mention him, and it's not my favorite natural gas stock, although it does have the best chart. I like Anadarko Petroleum (APC) and I like some others.. Go see ActionAlertsPlus.com, my charitable trust.


 

Continued below...  

 

Market Results today:

Dow:  + 13

Nasdaq:  - 1

S&P 500:  - 2

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

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Jim's Charitable Trust Alert -
Just happened:

   * Just BOUGHT new bank stock:  Bank of America! *  
  see all Jim's latest holdings here> 

Friday, June 5, 2009
(Cont'd from above)...

The Lightning Round (cont'd)...
Friday, June 5, 2009

Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name & Jim's Comments:

APC

48.46

Anadarko Petroleum (APC)

See CHK comments above for:
APC

HIG

14.90

Hartford Financial Services Group Inc. (HIG)

Jim:   Well I see they got a new chairman and CEO. I like that. However, I prefer Travelers (TRV) to them... sell, sell, sell! Look, Hartford screwed up! I am not going to recommend a company that screwed up this badly on this show.


TRV

43.75

Travelers (TRV)

See HIG comments above for:
TRV


 

PFE

14.51

Pfizer (PFE)

Jim:   No! Pfizer... I'm not a buyer. I prefer LLY or, let me tell you something, I actually prefer every drug company other than Pfizer. I think that's the weakest one in the group, and I don't want to touch it.


LLY

34.77

Eli Lilly & Co. (LLY)

See CHK comments above for:
LLY


 

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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