Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name & Jim's Comments:

ZOLT

10.87

Zoltek Companies Inc. (ZOLT)

Jim:   No!  Way too speculative... way, way too speculative.  We are not going to touch that stock.  We have hated that stock now for 15 straight points.   Carbon fibers...  If you want to do windmills, I recommend PPG Industries Inc. (PPG)!  PPG!

 

PPG

46.05

PPG Industries Inc. (PPG)

See ZOLT comments above for:
PPG

 

LCC

7.50

US Airways Group, Inc. (LCC)

Jim:   No, no, no...  Take your profits... Anybody who owns any of the airlines, because they've moved up on falling gasoline...  uh, falling air jet fuel...  I want you to sell, sell, sell...  You've had a really great rally, and you don't deserve it.  Because, going into a recession, you don't buy airline stocks.  Coming out of a recession, you don't buy airline stocks...  Doing well, you don't buy airline stocks...  and doing poorly, you don't buy airline stocks.  If you want to fly, go get yourself a Hawkeye... (referring to the stuffed animal/mascot he was holding for the Iowa Hawkeyes... where he will host his show on Thursday night). 

 

FSLR

138.50

First Solar (FSLR)

Jim:   Alright, now understand...  FSLR is both an Obama play, and a play on oil going higher.  We've only got one for two going for us now...  Remember, we had Jim Rogers on last week.  He's the CEO of Duke Energy (DUK), which is a stock I like very much... it went ex- (ex-dividend) today... and he made it very clear that solar is too expensive.  FSLR is the cheapest of the solars, but it did worry me that Rogers - who's the most forward-thinking Eastern utilities CEO - did not like it.  I'm in a "don't buy" mode because of oil going lower.  Don't buy, don't buy...

 

SNDK

9.08

SanDisk Corp. (SNDK)

Jim:   Eli Harari (CEO) was on our Wall of Shame, because he didn't sell the company...  Hey, David Crane, wake up.  You're about to get on the Wall of Shame if you don't sell NRG...  Oh, you were already there.  Now here's the deal...  I want to be very specific about this... I got a lot of hate mail for knocking Eli Harari for not selling SNDK when he had a chance to... and here's what I want to say to you guys sending in the hate mail...  nah, nah, nah, nah, nah.... you don't have a show!...

 

LMT

77.51

Lockheed Martin (LMT) and General Dynamics (below)... caller asked about both...

Jim:   I don't like either one of those under Obama, because Obama is scary, when it comes to defense...  That's because he wants to do only unmanned...  Now, of course, he'll deny this up and down, but what matters is whether I try to make you money...  He only wants unmanned and he wants like, you know, in the Afghanistan War...   So, I'm not buying anymore defense contractors until he's more clear on that.

GD

60.93

General Dynamics (GD)

See LMT comments above for:
GD

 

KEX

31.05

Kirby Corporation (KEX)

Jim:   I know that barge company...  I know that barge company.   People have decided that charters are no longer going to get good pricing.  I have to tell you, I have a "don't buy" on KEX.  Don't buy, don't buy...  Don't buy KEX.

SSW

10.16

Seaspan Corp. (SSW)

Jim:   No.  I like C-Span, the TV station.  This is a company that does charters.  We're not buying that company yet.  Stick with C-Span.   That's an exciting show... it's just as good as my show...  That's a whole network that's just as good as my show.

 

RMBS

8.71

Rambus Inc. (RMBS)

Jim:   First of all, shame on you.  You had a great gain and you turned it into a loss.  Now I offer very little encouragement, because I do not like RMBS.  If it ever gets above $9 again, ring the register...  

Price target to sell RMBS:   Above $9.00

EMC

10.69

EMC (EMC)

Jim:   No, no...  we're not going...  Oh man, technology...   I think you're going to find out that EMC did not have a great quarter.... sell, sell, sell...   Let it go to $8.  We'll revisit it at $8.

Re-evaluate EMC at the $8.00 level

 

GT

6.90

Goodyear Tire & Rubber Co. (GT)

Jim:   Oh why?...  That's like owning an airline man...   Anything that even gets near an automobile, I want nothing to do with.  And boy, last I looked, tires have a lot to do with automobiles.  So let's say no...  Let's say... here's a good philosophy on anything autos...  like Nancy Reagan...  Just Say No...

[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:

PFG

17.48

Principal Financial Group Inc. (PFG)

Jim:   PFG is in Des Moines.  Here's the problem with PFG...  I'm not even going to use my analysis, because it is a sensitive topic, okay.  It's sensitive, because it's people's money... it's people's annuities...  But there was a Goldman Sachs report that came out yesterday, and it said that it's favorite idea...  it's very good insurance guy...  said that it's favorite idea is to sell PFG, because he says that they're going to have to raise capital... they're going to have to do an equity offering.  Now the company came out today and said, listen, Moody's the ratings agency says we're fine.  But the ratings agencies are now discredited, so I'm going with Goldman's analysis which says they're going to have to do a big equity offering, which means I think the stock goes lower.  So that's the problem, they need capital.

AUY

4.05

Yamana Gold Inc. (AUY)

Jim:   First of all, I think there's a place for gold in absolutely every portfolio, because, if you have 10 stocks, I think you want to own one as gold, because I do believe inflation will be a problem.  Near-term inflation is so not a problem...  We're in a deflationary environment, which is one of the reasons why that stock fell from $16 to $4.  Peter Marrone (CEO) missed the quarter badly.  I want to see the end of tax-loss selling, before I'll even think of buying AUY.

MTW

7.48

Manitowoc Co. Inc. (MTW)

Jim:     Oh, you know, I think they really blew up with that acquisition which, by the way, now cost them the whole price of the market cap... for the crane company...   I think there are a lot of used cranes that are going to pull down the value of new cranes.  The company probably doesn't agree with that.  But I think the company is probably a sell, even down here.  I hate to say that, but it's a great company.

NOC

40.48

Northrop Grumman (NOC)

Jim:   I have to tell you, the defense contractors are a sale under Obama, until we see otherwise...  If he wants the war to only be in Afghanistan, the only thing we're going to use are unmanned planes.  They actually work better than everything else.  NOC's exceedingly well-run.  I hate to ever knock the company, but it's not a good investment at this point.