Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name & Jim's Comments:

NRGP

19.55

Inergy Holdings, L.P. (NRGP)

Jim:   It's a small-cap propane play, to be honest. Every one of those propane place is good... Suburban Propane (SPH) is very good... but let me tell you that I think that Kinder Morgan Energy Partners (KMP), down one dollar and change today, with an 8% yield, is still going to be my preferred one and, while I like the propane ones... don't buy, don't buy... I'd rather own KMP.

KMP

47.75

Kinder Morgan Energy Partners (KMP)

See NRGP comments above for:
KMP

TNH

95.18

Terra Nitrogen Company, L.P. (TNH)

Jim:   Is it really possible to have too much fertilizer, I ask you?... Alright, here's the thing... TNH happens to be the one fertilizer company that I'm recommending, because it's got that outsized yield... Now I will tell you this... here's the problem... all of these companies are betting on the same thing... which is a farm recovery but, in the meantime, they're coming back production. We saw that with Potash, we saw that with Agrium... I do not like this group. I think it's having what I call a short squeeze bounce, because some of the hedge funds are finally out of it... TNH, I will bless, and there is no hurry to get out of that, because I like it! Buy, buy, buy!

CPL

40.44

CPFL Energia S.A. (CPL)

Jim:   Oh man, I like... It yields 9% now... I was just speaking the other day at a conference, where we were saying, what emerging markets do you like?... I am liking Brazil again... This is a 9% yielder... Anybody who remembers our fabulous Penn State show, knows that we liked this stock at a higher level... Brazil has come down big... I think you've got a great, great opportunity to buy a high yielding Brazilian utility in a country that is growing like mad and will eventually recover.

ASH

8.75

Ashland Inc. (ASH)

Jim:   You know, they just... I think they just reported a bad quarter... let me just... Oh, I should have said that... I'm not sure. I know that there's a story going out that all of the chemical makers are facing weaker demand. There's really good insider buying here... I think the stock, which is a fine company... it did a restructuring... it yields 3.5%. If this thing... God, this is $8.00... but they did a big split off... You know what? I have to go with ASH... I've got a recommend ASH right here at eight dollars... I don't think it's going to go much lower... If it does, I want to buy, buy, buy!...

M

8.04

Macy's (M)

Jim:   Why not buy a supplier to Macy's... why not buy VF Corp. (VFC)... the old Vanity Fair Corp?... it was down hideously today... back to $51. They've already preannounced that things aren't so hot... they've taken a lot of risk out of the stock and it's got a 4.5% yield, versus Macy's, which has a yield that's higher than VFC, but I don't trust it!... I like Terry Lungren... I don't trust the (Macy's) yield... I do trust VFC's yield... I say don't buy, don't buy (Macy's), but do buy VFC...

VFC

51.82

VF Corp. (VFC)

See M comments above for:
VFC

[verbatim recap]

[ End of the Lightning Round segment ]