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The Lightning Round:
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Thursday,
October 16, 2008 |
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...
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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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EJ |
5.19 |
E-House (China) Holdings
Limited (EJ)
No, I'm not going to go there... I'm not
going to go there. I think that's
too... I mean, look, there's no
such thing as being too speculative when
you're a younger guy (i.e., the caller
was a UConn student), so I don't mind
that, but we're not going to speculate
in China. We need to see that
Baltic Dry Index go up. It goes
down every day. That will be a
precursor to a turn in China. I'd
rather... there are so many great
American stocks that are down low right
now. I'd rather see you speculate
in a
Motorola Inc. (MOT)
than an EJ, and I'm not that big a fan
of MOT... So what I'm saying is, that's
too dangerous for me.
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MOT |
5.61 |
Motorola Inc. (MOT)
See EJ comments above for:
MOT
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GRMN |
24.52 |
Garmin Ltd. (GRMN)
You didn't listen to me! You know
that I had a sell, sell, sell on that
for a whole year. Alright, listen
now, okay... GRMN will talk a big
game going into Christmas, alright...
They'll say, listen, we've got all these
products... so maybe you get it back to
$32-33, and then sell, sell, sell, sell,
sell... This turned out to be a
flash in the pan... FITP...
Price target to sell: $32.00 -
$33.00
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Continued below...
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Market Results
today:
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Dow:
+ 401
(+4.68%) |
Nasdaq:
+ 40
(+5.49%) |
S&P
500:
+
38
(+4.25%) |
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See all of
tonight's
stocks
mentioned, on
Yahoo!
Finance,
here... |
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Thursday,
October 16, 2008
(Cont'd from
above)...
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The Lightning Round
(cont'd)...
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|
Thursday,
October 16, 2008 |
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Jim's
rating on
this stock |
STOCK
SYMBOL |
Closing
price that
day |
Full Company Name & Jim's
Comments: |
|
|
KEG |
6.29 |
Key Energy Services Inc.
(KEG)
Well look, it's a cheap stock.
There's no denying it... it's a cheap
stock. And just anything connected
with wildcatting is... you know what...
I will tell you this... Look, I'd rather
have you buy a
ConocoPhillips (COP)...
What does COP yield right now, after
this decline? COP yields 3.6%.
You buy 500 COP shares... 100 every half
a point (0.5%) yield down, and I think
you'll do better than that one... so I'm
saying COP, yes... yours, no.
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COP |
51.94 |
ConocoPhillips (COP)
See KEG comments above for:
COP
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CBS |
8.80 |
CBS Corporation (CBS)
CBS, the radio, TV play... I want to
know more about the $14 million midnight
writedown taken on Friday. I want
to know more about the National
Amusement ownership stake, from Sumner
Redstone. Until I find out more
about it, all I can say is, that stock
is just a definitively wrong stock for
this environment.
CVS (CVS),
the drugstore, is fabulous.
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CVS |
28.12 |
CVS Caremark Corp. (CVS)
See CBS comments above for:
CVS
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[ End of the Lightning Round ]
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