Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name & Jim's Comments:

CVX*

70.61

Chevron Corp. (CVX*)

See CLR comments above for:
CVX*

VLO

16.45

Valero Energy Corp. (VLO)

Jim:   Look, VLO's dirt cheap.  That obviously means absolutely nothing in this market.  The stock's at $16 bucks!  Here's what I would do.  I like Marathon (MRO) more.  Why?  Because they're splitting it into two companies, refining and then the upstream...  and because, and this is really important, it's got a dividend.  I am a broken record on dividends.  Why?  Because those stocks are going down far more slowly, if the dividend's safe.  In other words, (with) the banks, the dividends are probably not safe.  So, anyway, I'll send you to that one.

MRO

24.11

Marathon Oil Corp. (MRO)

See VLO comments above for:
MRO

SPH

28.08

Suburban Propane Partners LP (SPH)

Jim:   I like Suburban Enterprises, which is a company based in Summit (NJ).  SPH?  I have said over and over again that this one's good, but here I go...  The broken record appears again...  Kinder Morgan (KMP) is better than SPH.  KMP is just better than SPH.

KMP

47.85

Kinder Morgan Energy Partners (KMP)

See SPH comments above for:
KMP

ETP

29.42

Energy Transfer Partners L.P. (ETP)

Jim:   You took the words right out of my mouth.  I've been waiting for...  after that unbelievable, monster quarter... for the stock to come down.  It has come down.  And I am telling you right now, you have got a definite winner.  ETP is the son of Kinder Morgan Energy Partners (KMP)...  In other words, it's got the same bloodlines.  It's really, really good.   You've got a good horse.

KDN

23.74

Kaydon Corporation (KDN)

Jim:   Performance products...  you know, let me see what the yield is...  Yeah, I didn't think so.  No, it doesn't have a good enough yield.   It's not inexpensive versus its growth rate.  That one's too hard for me.  That one's too hard and I'm going to pass on that one.  I can't find a reason to want to pull the trigger.

LTD

7.58

Limited Brands Inc. (LTD)

Jim:   I do not like...  This is good corollary that I'm going to add right now...  I no longer trust retailers with big dividends...  because the retail market is (doing) so badly and, if I were a retailer, what I'd do is I'd slash the dividend.  There's no reason for it.  LTD used to be a great American company.  When it was "LMTD," it was one of the greatest-performing stocks in the history of The Nasdaq...   But LTD, right now, is a spent and done concept.  I say sell, sell, sell... 

AKS

6.51

AK Steel Holding Corp. (AKS)

Jim:   You know, look...   Oh my God...  United States Steel Corp. (X) is now down as much as it was during the Great Depression...  this is really some market...  I feel that AKS is not as good as Nucor (NUE).  NUE has got a lot more going for it in terms of dividend.  NUE is going to come out of this great.  NUE is at the level that I said I'd pull the trigger...   So I'm going to say ix-nay on AKS, and I'm going to buy some NUE.

NUE

28.34

Nucor (NUE)

See AKS comments above for:
NUE

[verbatim recap]

[ End of the Lightning Round segment ]