The Lightning Round:
Tuesday, December 9, 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:

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


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.

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...

 

Continued below...  

 

Market Results today:

Dow - 242

Nasdaq - 24

S&P 500:  - 21

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Tuesday, December 9, 2008
(Cont'd from above)...

The Lightning Round (cont'd)...
Tuesday, December 9, 2008

Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name & Jim's Comments:

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

 

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)...

GXP

18.45

Great Plains Energy Inc. (GXP)

See UNS comments above for:
GXP


 

[verbatim recap]


[ End of the Lightning Round segment ]

Read Jim's next Segment here  
    

 

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