Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name & Jim's Comments:

CVS

28.45

CVS Caremark Corp. (CVS)

See ESRX comments above for:
CVS

MGM

10.69

MGM Mirage (MGM)

Jim:   No. No, I want to avoid that. I'm looking at the balance sheet of that company, and I find that it's scary, quite frankly. I also want to recommend it to sell Las Vegas Sands (LVS)... Sell, sell, sell... that's a two for one... The casino business... I read the Las Vegas Sun everyday... and the gambling business is just absolutely through the floor... I don't want anything to do with MGM... nothing to do with LVS... Let's sell, sell, sell those names... I don't want to touch them.

LVS

5.94

Las Vegas Sands (LVS)

See MGM comments above for:
LVS

PETS

15.39

PetMed Express Inc. (PETS)

Jim:   No, no, no, no, no... we don't like the competition in that area... We are fearful that a Wal-Mart could come in there and really just wreck margins... Sell, sell, sell... you do not have my blessing... I would tell you that that is an ix-nay...

WB

5.29

Wachovia Corp. (WB)

Jim:   Yes, yes, yes... Remember, when you buy WB, you are buying Wells Fargo, which I think is going to dominate the mortgage market for some time to come, and nobody likes it. I love situations when the best set up bank in America buys a bank that is not as good, and then integrates it... You've got a winner... I want to buy Wells Fargo through WB which I've been doing, by the way, for ActionAlertsPlus.com... which is my charitable trust that I run...

TMO

30.46

Thermo Fisher Scientific, Inc. (TMO)

Jim:   You know, under pressure... a high multiple stock... I mean, the stock has been cut in half... that's a little vicious... This is the kind of company that will come roaring back. Why? Because it sells equipment to biotech, which is not economically sensitive. I think you buy TMO right here. I think you'd do well and, if it goes into the low $20s, it'll be a gift.

IMO

33.48

Imperial Oil Ltd. (IMO)

Jim:   No, no, no, no, no... If we are going to buy oil, we are going to buy oils that have a dividend, and yours has a skimpy dividend, so therefore it's limited on the upside if oil keeps going lower. I suggest that you consider any oil company that has a nice yield. The one that I've been buying for ActionAlertsPlus.com is BP plc (BP*). It's got a bountiful yield, and has said that they can cover it, and also has a huge ability to be able to rationalize and get rid of properties. That is my gift to you.

BP*

47.04

BP plc (BP*)

See IMO comments above for:
BP*

ERTS

17.01

Electronic Arts (ERTS)

Jim:   No, no, I don't want to own... they just did a bad job... don't buy, don't buy... they don't have the developers anymore... I don't want to be in that. They didn't create Rock Band... they didn't create Guitar Hero... they've created nothing. I want you to stay away from ERTS.

[verbatim recap]

[ End of the Lightning Round segment ]