Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name & Jim's Comments:

NSC

38.46

Norfolk Southern Corp. (NSC)

Jim:   You know, I struggle over Norfolk Southern because the companies that have the most exposure to the kind of traffic that I don't want... a lot of coal... which I think is a worldwide slowdown. I would prefer a Union Pacific Corp. (UNP*). They have much more ability to cut costs and grow not just revenues but income. That's the one that I own for my charitable trust, so I say swap out of NSC and go into UNP*.

UNP*

52.00

Union Pacific Corp. (UNP*)

See NSC comments above for:
UNP

*Note:  Union Pacific is a key holding in Jim Cramer's Charitable Trust Portfolio, which you can see here>. 

NIHD

19.99

NII Holdings Inc. (NIHD)

Jim:   Yeah, and you know what? And this is because it is a live show... I cannot give you a straight answer on that one, because I don't know right now how it is. Now I will come back next week and definitely answer that, but if I just tell you that I think it's a fine... I am not current on that company, so let me do some more homework on it.

ETN*

45.57

Eaton Corp. (ETN*)

Jim:   You got a great price there (i.e., in the low $30s). You've got a 4.5% yield... I had Sandy Cutler (CEO) on the show. I think he was early to realize that we were in a very bad decline... I do not think it's going to be a good quarter, nor do I think the next quarter's going to be good, but I think the dividend's safe. I would hold onto Eaton... hold onto it.

*Note:  Eaton is a key holding in Jim Cramer's Charitable Trust Portfolio, which you can see here>. 

TRN

13.35

Trinity Industries Inc. (TRN)

Jim:   Alright, Trinity would be much more of a play on railcar right now... not as much of a wind play as I would have liked, as an alternative energy. Uh, this stock has doubled off the bottom but, of course, it was down very big because of hedge funds gone wild... My take on Trinity is that there are a lot of plays that are better if you want alternative energy, including FSLR, and a lot of other plays that are better on rails, which would include UNP, so I'm going to take a pass on TRN, and tell you not to do anything.

FSLR

173.46

First Solar (FSLR)

See TRN comments above for:
FSLR

UNP*

52.00

Union Pacific Corp. (UNP*)

See TRN comments above for:
UNP

*Note:  Union Pacific is a key holding in Jim Cramer's Charitable Trust Portfolio, which you can see here>. 

FMER

17.19

FirstMerit Corp. (FMER)

Jim:   You know, FirstMerit... People have to understand, whether it be First Niagara (FNFG), FirstMerit... whether it be New Alliance (NAL)... These are situations that are going to do well as the banks roll over. Now we know that there's been stress tests, and the bigger ones have passed. There are going to be hundreds of banks that fail. Now, Huntington Bancshares Inc. (HBAN) did get the money. I recommend HBAN last Friday for speculation, after I said that Bank of America (BAC*) is no longer even speculative. But the Ohio banks... HBAN, Fifth Third Bancorp (FITB), KeyCorp (KEY)... are all going to make it. I was hoping, frankly, that FirstMerit would be able to get some of those branches. I still think that FMER is going to be the winner, when the smoke clears, because they've got the best balance sheet, and that is what's going to matter eventually.

HBAN

4.54

Huntington Bancshares Inc. (HBAN)

See FMER comments above for:
HBAN

UTX

54.20

United Technologies (UTX)

Jim:   United Technologies is acting really, really well. As a matter of fact, I wish when I recommended Boeing (BA) a few weeks ago, when I recommended the aerospace cycle, that I had talked much more aggressively about United Technologies which is going to be a winner either way. I think that company is doing exceptionally well. I do believe that it's had such a big run here, that it could cool off. But that was probably, along with Honeywell (HON)... Dave Cote (CEO), who is my next-door neighbor, and it's a fantastic company... I own it for my charitable trust... Honeywell and United Technologies are better ways to play aerospace than BA. I think you've got a real winner there.

HON

32.81

Honeywell (HON)

See UTX comments above for:
HON

WAG

31.43

Walgreen Co. (WAG)

Jim:   Walgreens? I like it... I like it a lot. As a matter of fact, I was thinking Walgreen's versus CVS Caremark Corp. (CVS)... CVS also has this very good pharmacy benefit management business. Now Walgreens, candidly... People ask me, Jim, what mistakes do you make in investing. I sold Walgreens for my charitable trust at a bad level. I didn't like the new management, but it's getting much better. I think Walgreens is a win, but I do like CVS more than Walgreens.

CVS

31.77

CVS Caremark Corp. (CVS)

See WAG comments above for:
CVS

[verbatim recap]

[ End of the Lightning Round segment ]