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The Lightning Round: |
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Wednesday,
December 10, 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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IBM |
82.60 |
IBM (IBM)
Jim: I want to own
IBM... I think IBM has done a lot of
great things over the years. I believe
that what's happened with IBM is that
they really become a service company.
And I think they're darn good at it. So
IBM suits me here... the stock is at
$82... It wouldn't surprise me to see
the stock at $92 by the end of the year.
That's what I call an endorsement.
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NOK |
15.22 |
Nokia (NOK)
Jim: Now, NOK has a
5% yield, so I'm not worried about
that... Here's the issue... you may have
to wait 18 months to get the next 2 to 3
points on NOK. I do not want you to
trade it. I think you should own it for
the dividend. I do not like the
cellphone stocks right here, but you get
paid to wait, and you're up on it...
Let's hold onto it, but don't buy more.
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AZO |
128.62 |
AutoZone Inc. (AZO)
Jim: Well, you know,
AZO is an intriguing name... Pep Boys
looks like it's in real trouble... AZO
does aftermarket... I believe that
people are going to have to hold their
cars longer... The stock has had a real
ramp here, so I don't necessarily want
to touch it. I have been recommending
auto aftermarket,
Monro Muffler Brake Inc.
(MNRO),
up $1.39 today, but still down 20% from
its 52-week high... I'd rather see you
in Monro than in AZO... buy, buy, buy...
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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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Wednesday,
December 10, 2008
(Cont'd from
above)...
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The Lightning Round
(cont'd)...
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Wednesday,
December 10, 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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MNRO |
22.17 |
Monro Muffler Brake Inc.
(MNRO)
See AZO comments above for:
MNRO
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GD |
54.29 |
General Dynamics (GD)
Jim: GD is down a
huge amount because people feel that
their airplanes... that people are going
to cut back on their airplanes,
particularly when they raked all those
(auto) executives over the coals, about
their corporate jets... I believe that,
if you want a pure defense play, I would
rather see you in
Lockheed Martin (LMT)
or, even better,
Northrop Grumman (NOC),
which is an accidentally high yielder at
4%... All that said, what we have been
recommending, because Obama does not
seem to be as committed to things I
like, in terms of big defense... we been
recommending
AeroVironment, Inc. (AVAV),
which has been a huge win... so let's
press our bet, and keep buying that
one... Boy, that's been an unbelievable
win since we brought that up, in a tough
market.
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LMT |
79.19 |
Lockheed Martin (LMT)
See GD comments above for:
LMT
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NOC |
41.78 |
Northrop Grumman (NOC)
See GD comments above for:
NOC
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AVAV |
34.78 |
AeroVironment, Inc. (AVAV)
See GD comments above for:
AVAV
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DSX |
11.25 |
Diana Shipping (DSX)
Jim: No man... I've
already committed... it's
Nordic American Tanker (NAT)...
I feel terrific about that stock. If you
going to go down the next step, it's
going to be
Frontline Ltd. (FRO)...
I noticed that the Baltic Freight Index
has bottomed... I don't know if you
have... it's been four straight days...
what that means is that China is coming
back online... so you can buy NAT or
FRO...
Ix-nay on the DSX...
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NAT |
34.12 |
Nordic American Tanker (NAT)
See DSX comments above for:
NAT
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FRO |
31.41 |
Frontline Ltd. (FRO)
See DSX comments above for:
FRO
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EP |
7.26 |
El Paso (EP)
Jim: I am shocked
that that stock is this low. I can't
believe it hasn't rallied with the other
natural gas plays, like a CHK, or an
APC, or an APA... It did do a huge bond
deal, where they paid a fortune for
it... so I think that people are
perplexed at how high they had to
borrow. I would do this... if you like
natural gas, I am going to send you to
James Hackett at
Anadarko Petroleum
(APC),
which is the cheapest and has the most
are run...
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APC |
36.45 |
Anadarko Petroleum
(APC)
See EP comments above for:
APC
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[verbatim recap]
[ End of the Lightning Round segment ]
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