Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name & Jim's Comments:

JCI

20.87

Johnson Controls (JCI)


Jim:   If I had to own something remotely even connected to automobiles whatsoever, which I do not… if some one were to put a gun to my head, immediately first of course I would say take that gun away from me… and then I would buy Johnson Controls… it is the best of a really bad neighborhood.

CTV

24.21

CommScope Inc. (CTV)


Jim:   Commscope… oh, co-axle cable and stuff… do you know what, if I am going to buy fiber optic cable and high performance stuff… I am going to send you to either CIENA Corp. (CIEN)… or I will send you to Cisco (CSCO*), which uses all of this stuff… Cisco I own for ActionAlertsPlus.com, my charitable trust, where I did not do that thing today vs. the market… and I am really bummed out.

CIEN

10.01

CIENA Corp. (CIEN)


See CTV comments above for:
CIEN

CSCO*

19.36

Cisco (CSCO*)


See CTV comments above for:
CSCO*

THQI

7.56

THQ Inc. (THQI)


Jim:   The gaming business is no more right now… I do not want to touch it… ever since Rock Bank, I have gone away from that group… now that is one of the better acting ones in the group… but you know what… ring the register… it is not for me.

MRK

24.96

Merck (MRK)


Jim:   Oh gee, there is really nothing there… if you want to buy a drug company with a good yield I am going to send you to Bristol-Myers (BMY*), that it has got a 6% yield… and I regard it as being the best one to own… down .39 cents today, own it for ActionAlertsPlus.com, my charitable trust… just pulled the trigger on it the other day… I like it.

BMY*

19.42

Bristol-Myers Squibb Co. (BMY*)


See MRK comments above for:
bmy*

XOM

72.81

Exxon Mobil (XOM)


Jim:   Well, I will tell you that that is probably the safest of the oils… I do believe that it will go towards what will be known as its strike, and it will be pinned at $70 by the end of the week… and it is not my favorite oil, as a matter of fact I prefer almost everyone that has a 4% yield, or closer to that… so you are not going to get me to recommend it… but no one has ever done badly owning Exxon.

[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:

DRYS

6.28

DryShips, Inc. (DRYS)

Jim:   Not under that management. I'm not going to go there. I am to send you to Frontline Ltd. (FRO), because that is my coal and iron shipper play. I check the Baltic Freight Index every single day, and I think that Frontline is better! Now remember, I am still a big buyer of Nordic American Tanker (NAT)... which has now come under... in this selloff, which has been a pretty brutal selloff that's been happening... that one's come under the secondary price. I think that's a chance to (get all aboard - sound).

 

FRO

25.04

Frontline Ltd. (FRO)

See DRYS comments above for:
FRO

 

NAT

31.99

Nordic American Tanker (NAT)

See DRYS comments above for:
NAT

 

WCC

25.20

WESCO International Inc. (WCC)

Jim:   Just a kind of complete industrial, cyclical name. Uh, it looks like it's rolling over... let me see if I can get that dividend... A lot of people think the economy is slowing down again... you don't want to own a Wesco... and it doesn't have a dividend. That's why I'm going to send you to the one I've been buying for ActionAlertsPlus.com, my charitable trust, which is Emerson Electric (EMR*), which yields 4%, and I think gives you a lot of safety because of that yield. I'd swap out of Wesco... sell, sell, sell... and I'd get into EMR.

 

EMR*

33.07

Emerson Electric (EMR*)

See WCC comments above for:
EMR*

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

 

HLF

27.75

Herbalife Ltd. (HLF)

Jim:   This is a hard one. Remember, we had that Michael Johnson... we liked him very much. He runs the company. This a company that does that kind of marketing where one group tries to more people to more people to more people... That has fallen out of favor. There's been a lot of insider buying. I will reserve judgment until we speak to Michael... don't buy, don't buy. Let's do that, because he's been a standup guy on this show. He's had to deal with a lot of adverse criticism. He's handled it all well. I say we invite him back.

ZION

12.90

Zions Bancorp. (ZION)

Jim:   Until you gave me that bit of news that you have half of your 401(k) in Zion, I was going to say that's okay, if you have a diversified portfolio. I don't want it then. I want you to sell it so it's only representing one-fifth of your portfolio. Zion is not one of my favorites. Goldman Sachs put out a terrific piece about which ones are still good after it. I would say swap out of it... sell, sell, sell... and go into Huntington Bancshares Inc. (HBAN)... Huntington Bank's better. The group is rolling over. I saw KeyCorp (KEY) come down. I'm worried about Zion. I think you should lighten up... sell, sell, sell!

 

HBAN

4.10

Huntington Bancshares Inc. (HBAN)

See ZION comments above for:
HBAN

WWE

12.71

World Wrestling Entertainment (WWE)

Jim:   Very torn, very torn... The dividend keeps getting bigger. Why?... Because the stock is going down. I need to see a reversal of fortune here. I need to see some earnings momentum. Don't buy, don't buy... We do not have earnings momentum. It does have a big yield. I think the yield's safe but, you know what?... Just like I did Boston Properties Inc. (BXP), I thought they could cut the yield a little bit... They really sliced it. I am nervous about WWE. It doesn't have earnings momentum. I'm not going to urge you to buy it.

 

RST

25.63

Rosetta Resources, Inc. (RST)

Jim:   I think they do (have room for growth, expansion) but I've got to tell you something... I'm in "Steve Miller" mode there... I'm not a smoker, I'm not a toker, I'm not a midnight joker. I say... sell, sell, sell... take the money and run.

LOW

19.02

Lowe's (LOW)

Jim:   Hey listen sport, I've got to be very honest with you, I think that Lowe's has really fallen down on the job this quarter. I hate to say that, but LOW did have a good turn in California. Home Depot (HD*), Frank Blake... I own this my charitable trust, ActionAlertsPlus.com... he had great expense control. If they get any turn up in the economy, you are going to see that stock soar. In the meantime, you've got dividend protection at HD. You do not have it in Lowe's... I say, sell, sell, sell Lowe's and buy, buy, buy Home Depot.

 

HD*

23.65

Home Depot (HD*)

See LOW comments above for:
HD*

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

[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:

JNJ

55.79

Johnson & Johnson (JNJ)

Jim:   This is a stock that I have liked… I said that it was wrong to sell in the low $50’s… I reiterate in this defensive market that JNJ is strictly a buy, buy, buy… particularly with the weak dollar… that is a winner… you stick with them.

GVA

33.66

Granite Construction Inc. (GVA)

Jim:   We recommended sell GVA… we felt that, we did feel that the stimulus would be overblown… and that that company had too much risk… we are going to continue to sell… as a matter of fact, I think that the California’s budget situation make it so.. and I do not normally recommend this, but I was talking to my friend Jerry Pink, who works here, and is now running the shop… and I was saying that I am very concerned about California municipals… I do not talk about municipal bonds on the show… I happen to be an owner of municipals…I am worried about California municipals… I have never been worried about municipal, that is a government obligation backed municipal… so if I am worried about California municipals, than I must be worried about Granite… it really is that simple.

LLL

72.09

L-3 Communications Holdings Inc. (LLL)

Jim:   I think that you are in a good defense mode there, it is a defensive stock… now, let me just say this… I like the yielders more in that sense… I would prefer Lockheed Martin (LMT) or Northrop Grumman (NOC), which is really out of favor… but I do think that you have a winning company… again though, I do prefer the other defense contractors.

LMT

83.49

Lockheed Martin (LMT)

See LLL comments above for:
LMT

NOC

47.37

Northrop Grumman (NOC)

See LLL comments above for:
NOC

THC

2.96

Tenet Healthcare (THC)

Jim:   Tenet Health is just okay… Tenet Health is a very difficult stock to own… because the balance sheet is not that good… we are not sure what the healthcare reform is going to look like… it has been bouncing between $3 and $4... and $2 and $4... I say do not buy… I checked in with my friend Cheryl Scolnick who told me to buy it when it was at $2, it was for CRT Capital… no longer has conviction, I do not have conviction.

PNC

39.53

PNC Financial Services Group Inc. (PNC)

Jim:   That stock has come down too much… I want to own some PNC… they have been great, they have a better balance sheet… people are giving up on the earnings quality… I think that is a mistake… I like the bank group as it comes down.. I think that PNC is a winner… the old Pittsburgh Nat.

ELN

7.41

Elan Corp. plc (ELN)

Jim:   No, too dicey my friend… too dicey… I mean I have got some really high quality bio tech stocks that are still knocked down to levels that they should not be at… we know what we are talking about, you know like a Genzyme Corp. (GENZ)… like the other day I saw that the Celgene Corporation (CELG) was starting to move up again… I cannot bless that when I have got those high quality players that are still very, very close to their 52 week low.

GENZ

55.24

Genzyme Corp. (GENZ)

See ELN comments above for:
GENZ

CELG

46.21

Celgene Corporation (CELG)

See ELN comments above for:
CELG

ARUN

7.17

Aruba Networks, Inc. (ARUN)

Jim:   You have cut me to the quick on this… you know what, I am not up to date on this… I always hate to end the Lightning Round on one that I am not up to date on… but it is wireless internet… in light of the shortfall from Research In Motion (RIMM), everybody is going to stay that this group is finished… I want to know about Aruba before I recommend going there, buying the stock… or let me just say, that after Research In Motion, we all have to redouble our efforts to know whether Aruba is connected with RIMM… otherwise, I promise to get back to you next week on Aruba… because RIMM is down 4%.

[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:

MET

31.20

MetLife (MET)

Jim:   Alright, I've been working on the life insurers. MetLife did not need TARP. It's a very good situation. Can I just tell you though?... My friend, Doug Kass, and I, from RealMoney.com... we're thinking you can actually buy Lincoln (LNC) and Hartford (HIG) down here... But Metlife's a winner. I'm doing work on Prudential (PRU)... don't know yet.   Metlife, two thumbs up!

LNC

16.86

Lincoln National Corp. (LNC)

See MET comments above for:
LFC

HIG

12.35

Hartford Financial Services Group Inc. (HIG)

See MET comments above for:
HIG

NSC

38.46

Norfolk Southern Corp. (NSC)

Jim:   You know, I struggle over Norfolk Southern because the companies that have the most exposure to the kind of traffic that I don't want... a lot of coal... which I think is a worldwide slowdown. I would prefer a Union Pacific Corp. (UNP*). They have much more ability to cut costs and grow not just revenues but income. That's the one that I own for my charitable trust, so I say swap out of NSC and go into UNP*.

UNP*

52.00

Union Pacific Corp. (UNP*)

See NSC comments above for:
UNP

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

NIHD

19.99

NII Holdings Inc. (NIHD)

Jim:   Yeah, and you know what? And this is because it is a live show... I cannot give you a straight answer on that one, because I don't know right now how it is. Now I will come back next week and definitely answer that, but if I just tell you that I think it's a fine... I am not current on that company, so let me do some more homework on it.

ETN*

45.57

Eaton Corp. (ETN*)

Jim:   You got a great price there (i.e., in the low $30s). You've got a 4.5% yield... I had Sandy Cutler (CEO) on the show. I think he was early to realize that we were in a very bad decline... I do not think it's going to be a good quarter, nor do I think the next quarter's going to be good, but I think the dividend's safe. I would hold onto Eaton... hold onto it.

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

TRN

13.35

Trinity Industries Inc. (TRN)

Jim:   Alright, Trinity would be much more of a play on railcar right now... not as much of a wind play as I would have liked, as an alternative energy. Uh, this stock has doubled off the bottom but, of course, it was down very big because of hedge funds gone wild... My take on Trinity is that there are a lot of plays that are better if you want alternative energy, including FSLR, and a lot of other plays that are better on rails, which would include UNP, so I'm going to take a pass on TRN, and tell you not to do anything.

FSLR

173.46

First Solar (FSLR)

See TRN comments above for:
FSLR

UNP*

52.00

Union Pacific Corp. (UNP*)

See TRN comments above for:
UNP

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

FMER

17.19

FirstMerit Corp. (FMER)

Jim:   You know, FirstMerit... People have to understand, whether it be First Niagara (FNFG), FirstMerit... whether it be New Alliance (NAL)... These are situations that are going to do well as the banks roll over. Now we know that there's been stress tests, and the bigger ones have passed. There are going to be hundreds of banks that fail. Now, Huntington Bancshares Inc. (HBAN) did get the money. I recommend HBAN last Friday for speculation, after I said that Bank of America (BAC*) is no longer even speculative. But the Ohio banks... HBAN, Fifth Third Bancorp (FITB), KeyCorp (KEY)... are all going to make it. I was hoping, frankly, that FirstMerit would be able to get some of those branches. I still think that FMER is going to be the winner, when the smoke clears, because they've got the best balance sheet, and that is what's going to matter eventually.

HBAN

4.54

Huntington Bancshares Inc. (HBAN)

See FMER comments above for:
HBAN

UTX

54.20

United Technologies (UTX)

Jim:   United Technologies is acting really, really well. As a matter of fact, I wish when I recommended Boeing (BA) a few weeks ago, when I recommended the aerospace cycle, that I had talked much more aggressively about United Technologies which is going to be a winner either way. I think that company is doing exceptionally well. I do believe that it's had such a big run here, that it could cool off. But that was probably, along with Honeywell (HON)... Dave Cote (CEO), who is my next-door neighbor, and it's a fantastic company... I own it for my charitable trust... Honeywell and United Technologies are better ways to play aerospace than BA. I think you've got a real winner there.

HON

32.81

Honeywell (HON)

See UTX comments above for:
HON

WAG

31.43

Walgreen Co. (WAG)

Jim:   Walgreens? I like it... I like it a lot. As a matter of fact, I was thinking Walgreen's versus CVS Caremark Corp. (CVS)... CVS also has this very good pharmacy benefit management business. Now Walgreens, candidly... People ask me, Jim, what mistakes do you make in investing. I sold Walgreens for my charitable trust at a bad level. I didn't like the new management, but it's getting much better. I think Walgreens is a win, but I do like CVS more than Walgreens.

CVS

31.77

CVS Caremark Corp. (CVS)

See WAG comments above for:
CVS

[verbatim recap]

[ End of the Lightning Round segment ]