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The Lightning Round: |
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Friday,
June 5, 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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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)
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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.
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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.
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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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Jim's Charitable
Trust Alert -
Just happened:
* Just
BOUGHT new bank stock:
Bank of
America!
*
see
all
Jim's
latest
holdings here> |
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Friday,
June 5, 2009
(Cont'd from
above)...
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The Lightning Round
(cont'd)...
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Friday,
June 5, 2009 |
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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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APC |
48.46 |
Anadarko Petroleum
(APC)
See CHK comments above for:
APC
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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.
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TRV |
43.75 |
Travelers (TRV)
See HIG comments above for:
TRV
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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.
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LLY |
34.77 |
Eli Lilly & Co. (LLY)
See CHK comments above for:
LLY
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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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