The Lightning Round:
Tuesday, November 4, 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...

Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name & Jim's Comments:

GVA

37.03

Granite Construction Inc. (GVA)

Jim:   No, no...  GVA is the great speculative play on infrastructure.  You are absolutely right.  Now, you're obviously not early...  The stock has had a monster run.  I suspect it sells off, on any good news on infrastructure, and then you may have to rebuild.  It is not a great company.  I would prefer to own Caterpillar Inc. (CAT) for the long haul.  That's got a better product portfolio, even without an infrastructure play.

CAT

42.25

Caterpillar Inc. (CAT)

See GVA comments above for:
CAT

ALU

2.89

Alcatel-Lucent (ALU)

Jim:   Come on!... Sell, sell, sell!...  There's nothing cooking there at all!  If you want networking equipment, you know I'm always going to send you to big-man, Cisco (
CSCO*)...  Cisco is about to report.  I own it for ActionAlertsPlus.com.  I suspect a not-great quarter, but the stock is so low, that I would pull the trigger!

 

Continued below...  

 

Market Results today:

Dow +305

Nasdaq +53

S&P 500:  +39

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Tuesday, November 4, 2008
(Cont'd from above)...

The Lightning Round (cont'd)...
Tuesday, November 4, 2008

Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name & Jim's Comments:

CSCO*

18.33

Cisco (CSCO*)

See ALU comments above for:
CSCO*

JPM*

42.17

JPMorgan (JPM*)

Jim:   I own this for my charitable trust...   May I make this point?...  This remains the most attractive bank stock in the book!  I want to buy, buy, buy.  I own a lot and I want to get even bigger in it.  This is the best there is of all the banks in the world right now.  Congratulations to Jamie Dimond.  He has taken a house of pain... (and made it) into a house of pleasure.

BMY*

21.59

Bristol-Myers Squibb Co. (BMY*)

Jim:   I like BMY.  People are worried about the democrats being too powerful.  I say that yield's good.  I say they're cash rich...   I own it for my charitable trust...  I debated selling it, because I got a nice, quick gain, and I said, no!  This stock could go all the way to $25!

Price target:  $25.00


AB

23.79

AllianceBernstein Holding L.P. (AB)

Jim:   You know, as these money managers go, it's a pretty good firm.  It's got a 10% yield.  I don't know whether it can maintain that...  My take is... you don't stick around.  On any lift, it's time to get out of that gain.  If you want to be in that business, I'm going to send you to Morgan Stanley (MS*), which has been virtually cut in half... actually, really cut in half.  That's a better play.  They have money management.  It's way down.  John Mack (CEO) never did anything wrong.  They made money.  That's my play, is Morgan Stanley, and I'd buy, buy, buy that... and AllianceBernstein, I'd sell, sell, sell...

MS*

18.90

Morgan Stanley (MS*)

See AB comments above for:
MS*



[ End of the Lightning Round segment ]

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