|
The Lightning Round: |
 |
|
Friday,
December 5, 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: |
|
 |
SYK |
38.90 |
Stryker Corp. (SYK)
Jim: Before we get to
the Lightning Round, I want to make sure
to answer Bob in Michigan's question
earlier in the week about SYK... I did
my homework... Here's the deal... SYK
add a couple of key departures,
including its much loved CFO, who is
only going to be around through the
first quarter of 2009... Plus, there is
talk of major or placement growth
declines... Remember, this company makes
parts that go in your knee and hip stuff
like that... this industry... It looks
like that what's behind this stock's
colossal fall of late makes sense to
me... So, I say
ix-nay on SYK...
|
|
|
CTL |
26.10 |
Centurytel Inc. (CTL)
Jim: (The 24-year-old
caller asked if the dividend was safe)
I think it is safe but I've got to tell
you... that's a very cautious stock to
own for someone your age... I prefer to
actually see you be a little more
aggressive... but you done the
homework... that's a good situation...
What would be more aggressive?... How
about a biotech stock?... How about
Celgene (CELG*)?...
How about
Gilead
(GILD*)...
which I own for
my charitable trust,
ActionAlertsPlus.com?...
you want to be aggressive at that age
young man... not, not conservative...
|
|
 |
CELG* |
53.98 |
Celgene Corporation (CELG*)
See CTL comments above for:
CELG*
|
|
|
| |
|
Continued below...
|
|
|
|
Market Results
today:
|
|
See all of
tonight's
stocks
mentioned, on
Yahoo!
Finance,
here... |
|
|
|
|
|
|
|
Friday,
December 5, 2008
(Cont'd from
above)...
|
The Lightning Round
(cont'd)...
|
|
|
|
Friday,
December 5, 2008 |
|
Jim's
rating on
this stock |
STOCK
SYMBOL |
Closing
price that
day |
Full Company Name & Jim's
Comments: |
|
|
GILD* |
47.39 |
Gilead Sciences Inc.
(GILD*)
See CTL comments above for:
GILD*
|
|
|
ACO |
19.71 |
Amcol International Corp.
(ACO)
Jim: It's got
minerals... it's got a bunch of things
that you don't want to be associated
with... Let me see, just to give you the
whole litany... ACO has got
transportation, minerals, oil field
services... This one is way too
dangerous, given the fact that oil has
come down so much... I say, no go...
|
|
|
CAG |
14.23 |
ConAgra (CAG)
Jim: Why are you
going with worst of breed, when I give
you
General Mills (GIS*)...
an
ActionAlertsPlus.com
name... I feel that GIS is four times
the company of CAG... that's your
move... that's what I want you to do...
|
|
|
|
|
GIS* |
63.87 |
General Mills Inc. (GIS*)
See CAG comments above for:
GIS*
|
|
|
COH |
19.69 |
Coach Inc. (COH)
Jim: I join those
insiders... I join Lew Frankfort... I
think that this holiday season is going
to be better than people expect...
because of a 25% decline in oil, and
because of massive refinancings... I
want to own some COH!... Buy, buy,
buy!...
|
|
|
PX |
55.69 |
Praxair Inc. (PX)
Jim: I want you to
hold onto it because, what will happen
is, at some point in the next 18 months,
that stock is going to rally. And I just
want you to own it... it's down too
much, and I would agree with you...
|
|
|
UPL |
31.90 |
Ultra Petroleum (UPL)
Jim: Well, natural
gas collapsed... I mean, natural gas
just collapsed... I have to tell you
that I would like to see natural gas
find some level where the hedge funds
aren't liquidating it. I think it's
going to be in the fours... maybe
$4-$5... Why not just wait?... The stock
at one point... Here's a good example...
The stock was at $28... I bless this
stock under $28... because we can see
that level again. Remember, we got a
dramatic rally today, but natural gas
did not rally... I want to stay away
from UPL until it's lower... Did I like
it before? Yes. These are commodity
stocks. I did not foresee that natural
gas would go all the way to five
dollars. My bad... I got it wrong...
But, unlike Bernanke... unlike
Paulson... unlike Christopher Cox...
unlike President Bush... I admit that I
got it wrong...
|
|
[verbatim recap]
[ End of the Lightning Round segment ]
|
|
|
|
Read Jim's next Segment
here
|
|
|
|
|
|
|
|
|
|
|
|
 |
 |
|
|
|
Search for Jim's past comments about a specific
stock. Use
ticker symbol or company name in quotes
(e.g., GOOG or "Google") |
|
 |
|
|
|
|
|
|
