Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name & Jim's Comments:

FMC

30.98

FMC Corp. (FMC)

Jim:   This is one of those companies that still has very strong commodity pricing, particularly in soda ash... and it's got a great agricultural portfolio.  This company is doing quite well.  Now, what it lacks... just so we know...  and why it doesn't fit my protection thesis... is that it doesn't have a good yield... and it's not trading through cash.  It just happens to have a cheap price-to-earnings multiple...  which has not defended any stocks of late.

FLO

na

Flowers Foods Inc. (FLO)

Jim:   I think that FLO is a good company.  It has restructured.  That is the kind of business that I like, because people still eat bread.  Amazingly, they still eat bread, even as their stocks go down... 

FCX*

17.60

Freeport-McMoRan (FCX*)

Jim:   Here's the problem...  FCX* is the most over-owned stock among all the hedge funds.  I've watched this stock go from $130, to $17.  I own it for my charitable trust.  I am unwilling to buy any until I see a bottom.  Obviously, people feel that the yield is no longer safe.  It is a copper company.  It is one of those companies that you don't buy in a deflationary environment.  Is there great value in FCX*?  Absolutely.  Do I feel the dividend is in jeopardy?  Yes.   Copper's fallen that much.

ATVI

9.34

Activision Blizzard Inc. (ATVI)

Jim:   I don't have anything good... this is one that has...  this is the Guitar Hero... these companies turned out to be more discretionary.  The new "Call of Duty" and "Guitar Hero" no one's really going crazy for...  They're not going crazy for "Rock Band" either for the other guys.  I am not going to support video games here, because it's just not that kind of expensive Christmas.  I'm going to be bearish on ATVI.  I think the stock goes lower.

FDO

25.07

Family Dollar Stores Inc. (FDO)

Jim:   Alright, FDO, until today I believe, is one of the best-performing stocks in the S&P 500.   Here's the way I feel about FDO...  If there is a stock that is going to go up in this environment, it is FDO, because that's the one that has those kind of (food) knock offs...  remember, we had those "nilla" wafers... they were kind of like "Vanilla" wafers...  I think that FDO is a winner here.  In the end, remember though... as I will say for every stock in the Lightning Round...  these are stocks... therefore, they're being sold to raise capital.

[verbatim recap]

[ End of the Lightning Round segment ]