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The Lightning Round: |
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Tuesday,
December 9, 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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C |
8.53 |
Citigroup (C)
Jim: The answer is
the entry price of this one... I like
C... We had a big selloff in the bank
stocks... But, ever since the government
decided to do the right thing and not
obliterate shareholders, Citigroup, by
getting some money from the government,
has bottomed... But you would be buying
that at the top of the range, and I
believe that Citigroup will be range
bound $5-$8, $5-$8... Let's pull the
trigger when we get to $5.50. Otherwise,
you missed it... and it's okay to miss
things... it's okay to miss things...
Price target to buy C: $5.50
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HOG |
16.72 |
Harley-Davidson, Inc.
(HOG)
Jim: No, no, no...
other than my friend, Michael Daly's
Harley-Davidson, I'm not a buyer of that
situation... Here's why... You need
credit to buy a Harley... that's part of
the problem... you see, you need credit
to do anything... and I think that that
has got that company flummoxed... the
company is flummoxed... So, I don't want
to buy that one here... cheap as it
looks... don't buy, don't buy... I just
don't trust it... I feel terrible about
it, because I like the company.
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GGB |
6.49 |
Gerdau S.A. (GGB)
Jim: Well, I've been
seeing some of these names in Brazil
starting to rally... I saw the
Mercadolibre, Inc. (MELI)
up big yesterday. I think that Brazil
could have a comeback. What I want to do
it with this one... a little six dollar
number down from $26?... Yes! I say that
it's probably right to pull the trigger
on that one... and it's like $1.50
downside and five dollars up... You've
got horse sense...
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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 9, 2008
(Cont'd from
above)...
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The Lightning Round
(cont'd)...
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Tuesday,
December 9, 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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MCD* |
59.96 |
McDonald's
(MCD*)
Jim: Can I just tell
you that I am insulted by the way that
the stock has traded since they reported
that unbelievable quarter... And Mr.
Skinner, who is really one of the
greatest executives in America, either
way... the guy reported blowout
numbers... the stock ran up to $63...
the stock has come down... It's part of
this whole trade to get out of the
defensive stocks... I say, if this stock
hits $55, I am going to buy more for
ActionAlertsPlus.com, my
charitable trust. If
it rallies, okay... we will find some
other names... But, down to $55, you
pull the trigger... join me.
Price target to buy MCD*:
$55.00
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UNS |
27.31 |
Unisource Energy Corp. (UNS)
Jim: That's an energy
company that I am not going to be a
buyer of because it doesn't have a good
yield... when they are giving away
Duke Energy (DUK)...
I'd rather see you in Great Plains
Energy Inc. (GXP)...
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GXP |
18.45 |
Great Plains Energy Inc.
(GXP)
See UNS comments above for:
GXP
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[verbatim recap]
[ End of the Lightning Round segment ]
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