Jim Cramer's Mad Money Lightning Round
  Stock Picks for the Week of 6/30/08 
See all specific stock picks and comments below...

   See Last Week's LIGHTNING ROUND picks here >>  
 

Lightning Round Stock Picks and Comments for:
Monday, June 30th, 2008
(see all Lightning Round stock picks/comments below for this night... )

Jim
Cramer's
rating on
this stock

STOCK
SYMBOL

Closing
price
that
day

Opening
price
next
day

Full Company Name/Comments
(see comments above for each)

na

na

na

Introductory comments from Jim:

JJC:    Before we get started, I'd like to do a little housekeeping... I like to own up to everything...  Last week, Beverly in Colorado asked about Gen-Probe Inc. (GPRO), and I recommended Thermo Fisher Scientific, Inc. (TMO)...  the scientific instruments powerhouse...  It is really my bad, and I am whipping myself.  But, we've got to correct...

(Ed. Note:  We don't know what to conclude from these comments... )

AOB

9.87

na

American Oriental Bioengineering (AOB)

AOB -  I have been consistently negative about AOB, even though it does sound like the ultimate biotech, Monsanto (MON), Syngenta (SYT) play...  It isn't.  Sell, sell, sell!...  I don't want to own it.  I have been adamant that this is one of the Chinese stocks that I just wish would go away...  There is way too much speculation over in China, and I've got to tell you, my take is, you don't want to own AOB.

V

81.20

na

Visa Inc. (V)

V -  Too late... too late.  The money's been made on Visa...  We don't need to go back.  Mastercard (MA) is acting a little long in the tooth, but I like MA more than V.  We got in on the V IPO and then we said ring the register and we're not looking back.  We like MA more than V and we're always happy to take a profit, which is a lot better than a sharp stick in the eye.

MA

265.22

na

Mastercard (MA)

See V comments above for:
MA

TTM

10.05

na

Tata Motors Ltd. (TTM)

TTM -  Ta, ta for now...  Remember, we decided to leave India a year ago.  The market got overheated.  We have been staying away from that stock since $19.  We recommended it at $14, when they had the tragic terrorist attack...  When it went to $19, we said take the money off the table.  We are not looking back.  We don't want anything India...  If you feel like you need to be in a consultant, then go to Accenture Ltd. (ACN), which reported a blowout quarter last week, and is cheap as all get out.

ACN

40.72

na

Accenture Ltd. (ACN)

See TTM comments above for:
ACN

YGE

15.92

na

Yingli Green Energy Holding Co. (YGE)

YGE -  I said to avoid this company.  There are people who consistently play it in the CNBC game.  This is a communist Chinese photovoltaic company.  Do I need to say anything more?  This is absolutely not for our viewers.  And, if anyone's still fooling around with YGE, I suggest you go buy a Yeungling, which is a darn good Pennsylvania beer.

BJRI

9.73

na

BJ's Restaurants Inc. (BJRI)

BJRI -  No, no...  This restaurant game has gotten really impossible.  There are only a handful of companies that are able to beat this environment.  We know that Darden Restaurants (DRI) did last week, and we salute them...  We're going to be looking at a couple of others later in this week, but I've got to tell you, no... ix-nay on the restaurant...  And let me throw in, by the way, I don't like any of the retailers either, because this is one monumentally-difficult market for the consumer, and we're not going to compound it by owning a lot of stocks that are levered to consumer spending, like BJRI.  We like BJ (BJS), the oil company... symbol BJS... it's been one of our faves... 52-week high... and we like BJ's Wholesale Club Inc. (BJ)... But we are not going to get into BJRI.

BJS

31.94

na

BJ Services Company (BJS)

See BJRI comments above for:
BJS

BJ

38.70

na

BJ's Wholesale Club Inc. (BJ)

See BJRI comments above for:
BJ

REXX

26.40

na

Rex Energy Corp. (REXX)

REXX -  Listen, I was just up there in Williamsport.  I'm telling you, they're drilling like mad in that Marcellus Shale.  And I've got to tell you, my wildcat portfolio is up gigantic versus the S&P...  and I want to stay in it... I want to stay in REXX.  Now, remember, REXX is the most speculative one of all these.  The least speculative one for Marcellus is Chesapeake (CHK) which is Aubrey McClennan's (CEO) stock.  He has traditionally been a buyer.  Everyone bemoans how bad the quarter is.  That stock was up $1.87 today.  It's up huge this year.  I'm tired of the griping and the crying...  We said it's the year of natural gas, and we're sticking by it.

CHK

65.96

na

Chesapeake (CHK)

See REXX comments above for:
CHK

CSIQ

40.19

na

Canadian Solar Inc. (CSIQ)

CSIQ -  No... On Mad Money, we don't care where it came from, we care where it's going... and the answer is down... Sell, sell, sell!...  I don't want to own that stock.  I have endorsed Applied Materials (AMAT) as a low-risk solar play... (buzzer sounds)... and First Solar (FSLR) as the aggressive one.  And the FSLR conundrum of insider selling has been solved.  We checked it out, we believe in it.  I still think that, if Obama gets in, FSLR's your play.  Now, if McCain gets in, you can forget about FSLR.  And, because of the fact that Obama's winning in the polls right now, I feel like we've got some edge.

AMAT

19.09

na

Applied Materials (AMAT)

See CSIQ comments above for:
AMAT

FSLR

272.82

na

First Solar (FSLR)

See CSIQ comments above for:
FSLR

ED

39.09

na

Consolidated Edison Inc. (ED)

ED -  Can I just say that ED, at $38 today, was a joke...  it was a travesty... I cannot believe that stock got this low.  A 6% yield...  What do people think... people are going to stop putting their lights in New York City?...  That was extraordinary, that buy...  One of the things is... and I don't mean to be political on the show... One of the concerns is that, if Obama wins, what you will see is a complete scrapping of the favorable dividend treatment of stocks, which will then make the situation with ED worth less.  My take is this... and I want to be really, really clear...  ED, below $40, is a solid extreme buy, and I want to pick some up.  I want to stick with ED.

VFC

71.18

na

VF Corp. (VFC)

VFC -  By the way, I want to stick with VFC which just pre-announced a better-than-expected quarter...  How much do we like Eric Wiseman (CEO)...  He has been our wise man in apparel... 

[ end of lightning round ]

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Lightning Round Stock Picks and Comments for:
Tuesday, July 1st, 2008
(see all Lightning Round stock picks/comments below for this night... )

Jim
Cramer's
rating on
this stock

STOCK
SYMBOL

Closing
price
that
day

Opening
price
next
day

Full Company Name/Comments
(see comments above for each)

PBY

8.65

na

Pep Boys - Manny, Moe & Jack (PBY)

PBY - Listen my friend, I've got to tell you, Manny Mo and Jack, Pep Boys, they've got no pep, they've got no game... I do not want to be in that stock... There was a nice put pop after a good quarter, and then right back down... Sell, sell, sell... I say if you get any source of flip ups to $10 again, you sell some of it... And I would not be adverse to sell some of it right here.

Price target to sell:  $10.00

BW

24.35

na

Brush Engineered Materials Inc. (BW)

BW - All of these are related to Boeing (BA), as is Allegheny Technologies Inc. (ATI), we have, as soon as BA started losing attitude, every one of these had to be sold... The last one I got caught on was Precision Castparts (PCP), which I still like, but it's down, it's almost cut in half... Anything related to aerospace... witness United Technologies (UTX), a really fabulous firm, all the way down to a 52-week low today... No, these, everyone of these, anything connected with BA has just been trashed... Do I predict a comeback?... If there is a comeback it will be with UTX and it will be with Honeywell (HON), not with any of these other suppliers, because boy, are they down... Because, also, Airbus is down... Neither one can make the planes, and there are very few customers... Look at the fact that Aircastle LTD (AYR), $8 bucks, look at the Genesis Lease Limited (GLS), that's another one that's terrible, $10 bucks... No, we don't have any buyers there, we don't have any buyers... And the airlines are only going to get worse, not better.

STI

36.05

na

SunTrust Banks Inc. (STI)

STI - No, that's not same old STI that I respected and loved, that's the STI that has really stumbled and stubbed its toe... You know, they own a lot of Coca-Cola (KO), I don't know, someone's selling that KO, that's a stock at a 52-week low, that's a Warren Buffett stock... But I want to be very honest with you... STI is just a shadow of its former self... It's still one more bank that used to be very conservative and good, that has gotten off the radar, off the reservation, that one has left the reservation... I'm seeing a couple days where the financials might be able to rally... And what you need to do is sell, sell, sell... STI is not the sun that I used to trust.

OI

41.53

na

Owens-Illinois, Inc. (OI)

OI - Totally flummoxed... We had the CEO of OI, he was standing right here... He was, he was one of these guys... Anyway, and here's what happened... I mean, this guy, he said he's going to deliver the quarter, I absolutely believe it... Remember, also, we had Fortune Brands (FO) CEO, that's another guy who said he'd deliver, I thought I'd believe it... OI has big natural gas costs, we know that 2009 is the year of natural gas, we think that OI is being hurt on a cost basis... The stock has gone from $56 down to $41, I had to sell it for my charitable trust... I took the sacrifice, why?... Because I am worried about natural gas raw costs, to make glass... Also, Goldman Sachs pulled it from its conviction buy list... That crushed the stock too because they have been the big promoter of OI. So, I'm on the fence. Down at $41 it seems to be okay, but I have to tell you, I need to see the quarter before I get behind that one... Don't buy, don't buy... 

EXC

90.35

na

Exelon Corp. (EXC)

EXC - You got EXC?... Then you've got excellence. EXC is my favorite utility and it's been for a very long time. It's a growth utility, it's the old Philly Electric... it's got good nuclear exposure, it's terrific. Do they have enough natural gas?... I don't know... When I look at a stock like Chesapeake (CHK) today, I say, boy, we've got to get some utilities there building natural gas plants... Witness the fact that Dynegy Inc. (DYN) and LS were unable, because of a Georgia judge, to be able to build a coal plant... EXC doesn't have to worry, it's got nukes.

DUK

17.27

na

Duke Energy (DUK)

DUK - Well, I've got to tell you... We know that DUK has got a visionary as a leader, that guy James Rogers, excellent piece in the New York Times two Sundays ago, about what he is thinking, and what's he's doing... But I will not regard that as a solar play... In the end, like it or not, he's Mr. Coal... He's King Coal... And I've got to tell you, I don't want to be King Coal... I like DUK, it's okay, it's got a good yield... I like Con Ed (ED) more if you want yield, and if you want a growth utility indeed, once again, I like Exelon Corp. (EXC)... EXC is excellent.

ED

38.76

na

Consolidated Edison Inc. (ED)

See DUK comments above for:
ED

EXC

90.35

na

Exelon Corp. (EXC)

See DUK comments above for:
EXC

VZ

35.53

na

Verizon (VZ)

VZ - Oh, no, nothing acts worse than the Phillies my friend, except for maybe Ford Motor... Okay, here's the deal... I think that VZ is good, it has a 5% yield, that seems to be the rock bottom for VZ... Here's the problem... Both VZ and AT&T (T) suddenly have been perceived as dead money, with that dividend no longer propping them up, because people feel that yes, that Barack Obama, if elected, as the putative leader in the polls, if elected, the first thing he will do is get rid of the favorable dividend treatment, where 85% of your dividend is excluded from taxes... If that's the case, VZ is going to trade down to $31, too... I don't think it's going to happen... I want to buy VZ here... And T at $33, I want to buy that one too... These are contrarian plays... Don't forget, Centurytel (CTL) and Windstream (WIN), for those who want an even bigger dividend... I will not buy Qwest (Q), ever since Billy Bar left Quest, I want nothing to do with it.

T

33.30

na

AT&T (T)

See VZ comments above for:
T

CTL

35.93

na

Centurytel Inc. (CTL)

See VZ comments above for:
CTL

WIN

12.38

na

Windstream Corporation (WIN)

See VZ comments above for:
WIN

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