Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name & Jim's Comments:

HUM

29.22

Humana Inc. (HUM)

See AET comments above for:
HUM

WLP

34.06

WellPoint Inc. (WLP)

See AET comments above for:
WLP

WCG

9.43

WellCare Health Plans, Inc. (WCG)

See AET comments above for:
WCG

CI

12.18

CIGNA Corp. (CI)

See AET comments above for:
CI

MER

11.78

Merrill Lynch (MER)

Jim:    Bank of America (BAC) (with whom MER is merging) is making a big investment in China now.  I don't know what to say...  Do you know... I will say this... that Stan O'Neill wrecked that company, alright.  He wrecked it.  He did.  Alright, he "allegedly" wrecked it?...  What am I supposed to say?  He might have wrecked it?  He possibly wrecked it?  There.  How about, Stan O'Neill may have not helped it as much?...  I mean, what they did with that company... that is a great American company, for heaven's sake!  Merrill Lynch is a great American company, and they destroyed it!  Management destroyed it!  And where's the investigation of them?

WY

31.88

Weyerhaeuser Co. (WY)

Jim:   They're breaking it up into a lumber trust.  I think it's okay.  But, you know, everybody that you get...  No, it's okay, for heaven's sake.  It's okay.  It's okay.  I believe it's okay.  Look, I'm not...  I'm stunned by how bad stocks are.  I'm just stunned.

FRO

29.86

Frontline Ltd. (FRO)

Jim:   I have switched...  The only one I'm recommending now is Nordic American Tanker (NAT)... that's Herbjorn (Hansson, the CEO)...  By the way, the Baltic Dry Freight Index...  here's something that looks good along with China...  the Baltic Dry Freight Index has actually been good for a couple of days.  There are really only two things in the world that are any good right now.  One is that China was up 15% last week, and the other was that the Baltic Dry Freight Index had seemed to bottom.  Let's stay close to both of those, but I'm recommending NAT right here.

NAT

34.29

Nordic American Tanker (NAT)

See FRO comments above for:
NAT

CBI

7.43

Chicago Bridge & Iron (CBI)

Jim:   They missed the quarter...  they missed the quarter really, really badly, and you know, someone ought to just go and whack...  ABB Ltd. (ABB) or Bectel, which is private, should just go buy every one of these.  They should go buy Shaw Group (SGR)...  I mean, Fluor (FLR) could do it...  they should go buy SGR, they could buy Foster Wheeler (FWLT*), they could buy CBI, they go buy Jacobs Engineering (JEC), they could go buy McDermott (MDR)...  Every one of those would cost like the price of Fluor, six months ago.  I mean, I've never seen just an industry just detonate like this.  So anyway, JEC did have the worst quarter of all of them though.

AEE

33.89

Ameren Corporation (AEE)

Jim:   Believe it or not, it's a little too aggressive for me.  I'm going to retreat to Duke Energy (DUK).  I mean, look, you get 5.98% (yield) with DUK, and it's much more consistent than AEE.   But I like your idea and I like utilities very much, but I'm going to send you to DUK.

DUK

15.39

Duke Energy (DUK)

See AEE comments above for:
DUK

TAP

41.71

Molson Coors Brewing Company (TAP)

Jim:   I did a piece today for RealMoney.com...  and it said that that was one of nine stocks that actually had a good looking chart in the chart book that I read every weekend...  And, in that chartbook, was a chart of TAP.  And it was good.  No wonder.  Aluminum has come down, hops has come down... and they're breaking up Anheuser-Busch (BUD)...  I think they're making them get rid of some brands...  That stock is a stock that I want to buy right here...

CAG

15.25

ConAgra (CAG)

Jim:   No, no... man.  I've got like a dozen food companies that are doing well, including Campbell Soup Co. (CPB), mmm, mmm good, and General Mills Inc. (GIS*), which I own for ActionAlertsPlus.com and you come on with the one food company that I am not in to...  No.  I want to sell CAG, sell, sell, sell... and I want you to buy Ralcorp Holdings Inc. (RAH)... boy, they are having good numbers...  

CPB

37.66

Campbell Soup Co. (CPB)

See CAG comments above for:
CPB

GIS*

65.52

General Mills Inc. (GIS*)

See CAG comments above for:
GIS

RAH

67.99

Ralcorp Holdings Inc. (RAH)

See CAG comments above for:
RAH

[verbatim recap]

[ End of the Lightning Round segment ]