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The Lightning Round: |
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Tuesday,
December 2, 2008 |
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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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DD |
23.61 |
DuPont (DD)
Jim: You know, I have
been looking at DD, and just, frankly,
I've got to tell you... I am salivating
over DD. Now I know that Eastman
Chemical had a bad number today, and I
know that agriculture's soft from a
Mosaic (MOS),
which put out a bad release today,
although the stock wasn't down... DD
yields almost 7%. I think the dividend's
safe. I like the management. Let's
pull the trigger on DD!
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TRN* |
13.48 |
Trinity Industries Inc. (TRN)
Jim: Well, you
know... We know that windmills are soft
right now. We know that energy's come
down. Everytime that energy comes
down... everytime that OPEC says it's
going to keep producing... What they're
doing is destroying the alternative
energy business of which TRN depends on.
TRN has got railcars... Rail business is
slow because the Chinese have simply
disappeared... and the windmill business
is bad because oil's at $47... So, right
now, you've got to... don't buy, dont'
buy... even though it is so cheap. Boy,
I want to own it.
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GOOG |
275.11 |
Google, Inc. (GOOG)
Jim: I heard people
talking about $200... $220. I want to
take a little more longer term view on
GOOG as I do on
Apple (AAPL)...
which is, if we think this period is
going to end within the next 18
months... this terrible, terrible
slowdown... what we do... we realize
they are going to take huge market
share... huge market share... So what
I'm... I'm sticking by GOOG right here,
okay... I'm sticking by GOOG right here.
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Continued below...
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Market Results
today:
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See all of
tonight's
stocks
mentioned, on
Yahoo!
Finance,
here... |
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Tuesday,
December 2, 2008
(Cont'd from
above)...
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The Lightning Round
(cont'd)...
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Tuesday,
December 2, 2008 |
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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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AAPL |
92.47 |
Apple (AAPL)
Jim: See GOOG
comments above for:
AAPL
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NCTY |
11.59 |
The9 Limited (NCTY)
Jim: Yeah, I know...
This is a Chinese video play, and I've
been watching that Baltic Freight Index,
and that just goes down everyday... It's
like under 700 now, and I'm not going to
be recommending any Chinese. Guys tell
me, listen, this company sells for cash
for China... and then I look at the
financials and they are opaque.
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EXP |
19.29 |
Eagle Materials Inc. (EXP)
Jim: Yeah, you know,
when I was doing the analysis on
Vulcan Materials Company
(VMC)
and
Martin Marietta Materials (MLM),
I had abandoned EXP and I abandoned
Cemex (CX),
and I thought it had too much housing,
so I said
ix-nay EXP...
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CX |
6.39 |
Cemex S.A.B. (CX)
Jim: I hate to be
repetitive, but I was looking at
Eagle Materials Inc. (EXP)
and CX yesterday. That one also has too
much residential... very little American
road. It makes a lot of sense if we were
going to have an international
road-building program, but we're not. It
is cheap, but cheap don't cut it...
because USG Corp. (USG)
was cheap...
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MTL |
4.74 |
Mechel Open Joint Stock
Co. (MTL)
Jim: I'll do it as a
trade but, when it goes back to $6, I
want out of it... The commodity market
is still in freefall. I think that you
are doing a trade, not an investment.
Price target to sell: $6.00
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VZ |
32.31 |
Verizon
(VZ)
Jim: I like sales...
cash as a percentage of sales... It's a
true topline number. Here's what you
need to know about VZ... It's raising
its dividend, it's got oodles of cash...
Verizon Wireless is doing well. That
Alltel deal was so smart... Ivan was so
smart... Ivan Seidenberg (CEO)...
because, had he waited until the new
administration, I think the Justice
Department wouldn't let that deal go
through. He's a true visionary. So is
Randall Stevenson (CEO of
AT&T (T),
who came up with iPhone. iPhone sales
are apparently much stronger than people
realize. I think you're right. I think
VZ's a win. I want to buy VZ even up
here and, if it goes under $30, I'll
really want to buy it.
Price target to buy VZ:
Below $30.00
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[verbatim recap]
[ End of the Lightning Round segment ]
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Read Jim's next Segment
here
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