Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name & Jim's Comments:

DF

18.77

Dean Foods Co. (DF)

Jim:   Okay, Dean Foods has kind of just been stagnating after they did that equity offering…. you know I like the equity offering… okay, here is the deal… right now every company that does not have pizzazz… that is not a Trans Ocean Drilling, that is not a Norfolk Southern, that is not a Freeport… is just kind of sitting there… I have got to tell you… I think that that is okay… I think that Dean Foods… all of your horses are going to go win the championship at once… this stock is a great balance to your portfolio if you have got nothing but high flyers… oils, minerals and the companies that are machinery companies like Bucyrus (BUCY) and Joy Global (JOYG)… hey by the way, Bucyrus and Joy… are you not glad that I beat those into your head… look at those things.

BUCY

30.69

Bucyrus (BUCY)

See DF comments above for:
BUCY

JOYG

36.72

Joy Global (JOYG)

See DF comments above for:
JOYG

ICE

110.03

InterContinental Exchange, Inc. (ICE)

Jim:   That thing is ramping.. why is that… because they have very foreign management… by the way, all of the exchanges are ramping… remember I told you that NYSE Euronext, Inc. (NYX) in the low $20’s was a serious buy… I reiterate CME… and I reiterate ICE… yes, the threesome… because they are just about to have an explosion… particularly because of the credit default swap market that is going into the ICE system.

NYX

31.12

NYSE Euronext, Inc. (NYX)

See ICE comments above for:
NYX

CME

329.68

CME Group, Inc. (CME)

See ICE comments above for:
CME

CDNS

5.70

Cadence Design Systems Inc. (CDNS)

Jim:   I think Cadence is one of my special plays… I tell you, this is one of my speculative plays… look at how Brocade (BRCD) has done… look at how Advanced Micro Devices Inc. (AMD) has done… look at Starent Networks, Corp. (STAR), which is another winner… Cadence has not moved… how about Taiwan Semiconductor (TSM) moving… how about the Skyworks Solutions Inc. (SWKS) moving… all of mine are moving except for Cadence… which means… buy, buy, buy… because that one is next.

MTW

7.07

Manitowoc Co. Inc. (MTW)

Jim:   Ouch, too hard for me… oh man, that balance sheet is so bad… every dog has its day, including by the way Terex Corp. (TEX)… here is my problem… I have got companies like Bucyrus (BUCY), oh man $30... I got companies like Joy Global (JOYG) at $36... and they are both better than yours… even though they are not $7... I am going to send you to the good ones not the bad ones… yours I regard as dangerous.

BUCY

30.69

Bucyrus (BUCY)

See MTW comments above for:
BUCY

JOYG

36.72

Joy Global (JOYG)

See MTW comments above for:
JOYG

RIMM

82.15

Research In Motion (RIMM)

Jim:   What a vicious competitor and rival the summit… but I have got to tell you something, I have to agree with Chatham for once on this… I like Research In Motion… we had Top Gun Trader, Rick Bensignor, arguing that some should be schnitzeled… not moi… I reiterate Research In Motion, Amazon.com (AMZN), Google (GOOG), and Apple (AAPL) are going much, much higher… the Four Horsemen ride again!

AMZN

83.05

Amazon.com (AMZN)

See RIMM comments above for:
AMZN

GOOG

426.56

Google, Inc. (GOOG)

See RIMM comments above for:
GOOG

AAPL

139.35

Apple (AAPL)

See RIMM comments above for:
AAPL

See all of this week's Lightning Round picks
in one place at:
www.madmoneylightninground.com

[verbatim recap]

[ End of the Lightning Round segment ]

Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name & Jim's Comments:

STP

16.20

Suntech Power (STP)

Jim:   Okay, now I have to tell you... I am not a believer in owning these individual Chinese solar stocks. The one solar stock that has been... being that there has been some sort of investigation out west that's really hurting the stock... that I do like is First Solar (FSLR). Why? The fact that they do not need government subsidies. Yes indeed, it's a $180 stock so people don't want to own it. I say buy 2 shares... buy 3 shares... My first buy of a stock was that I bought nine shares of something... nine shares of a $9 stock. I didn't have more money than that. So let's be creative. Let's pull the trigger on that one. Buy, buy, buy!

FSLR

178.51

First Solar (FSLR)

See STP comments above for:
FSLR

V*

68.23

Visa Inc. (V*)

Jim:   Yes I do (think it's still a good buy, agreeing with what the caller said)... I know that Barron's Online had a positive article about it. I've been buying it for ActionAlertsPlus.com, my charitable trust. It has a move but, remember, it is really a play on paper to plastic, it's a play on debit card... Those are long-term trends... buy, buy, buy!... It is not a play on credit. It is a credit card, but it is not a play on credit. It's a play on the way that we process money. 

*Note:  Visa is a key holding in Jim Cramer's Charitable Trust Portfolio, which you can see here>. 

MON

81.50

Monsanto (MON)

Jim:   I was disappointed in the action of Monsanto after it reported that quarter, when it went down more than three points. The quarter was not that good. There is a lot of action in soybeans. Soybeans are just skyrocketing here. That usually is associated with more Monsanto. But I've got to tell you... I'm taking a pass... Don't buy, don't buy. This company has repeatedly beat the estimates and this time it didn't. There's a lot of hot money in the stock. I'm afraid it's going to have to come out. I do not want you to buy Monsanto.

CCJ

26.90

Cameco Corp. (CCJ)

Jim:   No. We're not going to go there. It's nuclear. It's associated with nuclear power. It's uranium. I was on the wonderful and fabulous Joe Scarborough show today, and I've got to tell you something... Lamar Alexander was on... He's a senator... He was talking about building a lot of nuclear power plants. I said, give me a break... I have a prediction right here, right now... Other than additional nuclear power producer, built adjacent to a nuclear power plant, there will not be a new one built in this country in the next 10 years...

TLAB

5.70

Tellabs Inc. (TLAB)

Jim:   You know I like Tellabs... you know I think it's got a $4 book (value), and that is a serious book. It has a lot of cash on hand. It is waiting for the cycle. I do believe that Tellabs... It's funny that you mention it, because it was going to be the next one I highlighted in my series... as soon as I have the next one I ring the register for... I want to go back to Tellabs... I think that Tellabs is a solid stock. I was not at the UBS presentation, but I think you heard it better than I did, and you're dead right.

TEN

6.62

Tenneco Inc. (TEN)

Jim:   I normally would have loved Tenneco, I was a big fan of the company. I remember when it was TGT... I remember when it had a variety of different businesses. It's kind of delivered... but the part that you own is auto parts (bear sound)... and I'm not going to get behind an auto parts company... Not an auto parts company... not in this kind of environment. It's just too hard. I'm sorry. I am... sell, sell, sell!

SGR

28.43

Shaw Group Inc. (SGR)

Jim:   Yeah, I know. We liked Shaw and it's dirt cheap, but it seems to always stay dirt cheap. It had a miraculous run, and then it went up too much because of hedge funds gone wild, and then sold down too much because of hedge funds gone wild with redemptions. I still recommend KBR... which was a company that I recommended at $14 and $13... and then repeated that and then it went to $18. It was down a buck today. I think that's a better buy. I would rather see you in KBR... buy, buy, buy... a good balance sheet, just like Shaw, but a better book of business.

KBR

17.99

KBR, Inc. (KBR)

See SGR comments above for:
KBR

[verbatim recap]

[ End of the Lightning Round segment ]

Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name & Jim's Comments:

COP*

45.97

ConocoPhillips (COP*)

Jim:   I mulled that over today with my friend, Stephanie Link, who is my research director and cohort, colleague on ActionAlertsPlus.com, my charitable trust, where I send out emails before I buy, and my judgment was not here, not now...   Let's wait for another 2-3 point pullback, or just say that we missed it, because this stock has been a red-hot play... and natural gas has pulled back.  My friend, Matt Doman said that he thinks natural gas, the United States Natural Gas (UNG), is about to have another leg down...  I say we hold off on Conoco... don't buy, don't buy... but it remains one of the cheapest, and it is still down almost 50% from its high last year.

NVDA

10.89

NVIDIA Corporation (NVDA)

Jim:   No, I don't have good news for you there...  Here's the deal... I think that the problem with that stock is that Advanced Micro Devices Inc. (AMD) is coming on strong.  AMD, even under $5, I still want to buy more than NVDA.  Remember, we don't care where a stock has been, we care where it's going to.  Sell, sell, sell!...

AMD

4.65

Advanced Micro Devices Inc. (AMD)

See NVDA comments above for:
AMD

YUM*

34.74

Yum! Brands (YUM*)
(flirting call from Susanne in California, this call took up a lot of time...)
Jim:   YUM I own for my charitable trust, ActionAlertsPlus.com...  This is Kentucky Fried Chicken... It's Taco Bell...  It's also Pizza Hut.  It's really a very good play on China.  It is hot, hot, hot...  The stock's been stuck at $35.  Our friend, Rick Bensignor... said be careful of the stock.  The stock did then tick down.  It came right back.  I think this is a great level.

RMD

37.83

ResMed Inc. (RMD)

Jim:   It just announced a repurchase plan which is good news...  but the problem is, this again is in that healthcare cohort.  Nobody wants that.    I think you've got to stick with it.  This stock's too cheap to give away.  Management thinks the same.  I think you just have to hold it through this period where healthcare stocks are soggy.

[verbatim recap]

[ End of the Lightning Round segment ]

Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name & Jim's Comments:

WFC*

24.72

Wells Fargo (WFC*)

Jim:   Oh... Wells Fargo. Okay, Wells Fargo, I own it for ActionAlertsPlus.com, my charitable trust. Now, why is it not ramping? Because people believe that it is only a matter of time before they have to another deal in order to pay back TARP. Do I know if that's the case or not? All I care about is that it's a complete lid on the stock. I wish that (Treasury Secretary) Geithner would put out some regulations so we'd know if they have to do it again. But, until then, Wells is just going to mark time! (i.e., stay flat at about the same price)

ACH

26.35

Aluminum Corp. of China Ltd. (ACH)

Jim:   You know what?... I've been looking at this because there was a couple of series... A guy named Howard Simons who writes for RealMoney.com... where I'm chairman... He was talking about how the metals exchange was showing that there's a dramatic increase in demand for aluminum... but that Alcoa, Inc. (AA) is barely related. I think ACH is very related. I like your pick. I want to be a buyer! And that's very rare that I recommend Chinese stocks.

CHK

23.28

Chesapeake Energy Corp. (CHK)

Jim:   May I say that I had three nominations this week for Aubrey McClennan (CEO) to be on the Wall of Shame, because of how much he paid himself, despite the disastrous results and the fact that he's just lining his pockets. I point that out. There are still nominations for the Wall... I have no friends... I say that at the beginning of the show every night. I wanted to pass this on, because people were angry that I didn't mention him, and it's not my favorite natural gas stock, although it does have the best chart. I like Anadarko Petroleum (APC) and I like some others.. Go see ActionAlertsPlus.com, my charitable trust.

APC

48.46

Anadarko Petroleum (APC)

See CHK comments above for:
APC

HIG

14.90

Hartford Financial Services Group Inc. (HIG)

Jim:   Well I see they got a new chairman and CEO. I like that. However, I prefer Travelers (TRV) to them... sell, sell, sell! Look, Hartford screwed up! I am not going to recommend a company that screwed up this badly on this show.

TRV

43.75

Travelers (TRV)

See HIG comments above for:
TRV

PFE

14.51

Pfizer (PFE)

Jim:   No! Pfizer... I'm not a buyer. I prefer LLY or, let me tell you something, I actually prefer every drug company other than Pfizer. I think that's the weakest one in the group, and I don't want to touch it.

LLY

34.77

Eli Lilly & Co. (LLY)

See CHK comments above for:
LLY

[verbatim recap]

[ End of the Lightning Round segment ]