Jim Cramer's Lightning Round
'Mad Money Lightning Round': Motorola's Bleak Outlook
TheStreet.com Staff
03/31/08 - 07:25 PM EDT
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Here's what Jim Cramer had to say about some of the stocks that callers offered up during the "Mad Money Lightning Round" Monday evening:
Here's what Jim Cramer had to say about some of the stocks that callers offered up during the "Mad Money Lightning Round" Monday evening:
Motorola (MOT Quote - Cramer on MOT - Stock Picks): "I think the cellphone business is bad. Next year is going to be even worse. They have Carl Icahn going for them, but that's about it."
Suntech Power (STP Quote - Cramer on STP - Stock Picks): "I have been a backer of
First Solar (FSLR Quote - Cramer on FSLR - Stock Picks). I'm not a fan of Suntech. "
Kinder Morgan (KMP Quote - Cramer on KMP - Stock Picks): "I think Kinder is doing a remarkable job. That is a great natural gas play, I want to be in the pipeline business."
ITT Educational (ESI Quote - Cramer on ESI - Stock Picks): "I got to tell you: anything to do with education, anything connected to education, you should sell. I want nothing to do with that sector."
Wachovia (WB Quote - Cramer on WB - Stock Picks): "I like their management, but they bought Golden West at the top. That dividend worries me. I think you got to sell some of that stock. "
Kansas City Southern (KSU Quote - Cramer on KSU - Stock Picks): "The rails are on fire. Whether it's
CSX Corp (CSX Quote - Cramer on CSX - Stock Picks) or
Union Pacific (UNP Quote - Cramer on UNP - Stock Picks) or this one, I endorse them."
Genco Shipping (GNK Quote - Cramer on GNK - Stock Picks): "The only bulk carrier I'm recommending is
Frontline (FRO Quote - Cramer on FRO - Stock Picks). It has a 17% yield and their yield should be solid for at least a few quarters."
Transocean (RIG Quote - Cramer on RIG - Stock Picks): "This company is still raising rates and still doing well, but I'm starting to like some others I'll talk about later."
AFLAC (AFL Quote - Cramer on AFL - Stock Picks): "No sub-prime exposure, very solid company. I'm impressed. That company is one of great insurance companies out there and didn't shoot itself in the foot."
Arch Coal (ACI Quote - Cramer on ACI - Stock Picks): "If a Democrat gets in the White House, you're finished, but if McCain gets in, then you can buy Arch and
Peabody Energy (BTU Quote - Cramer on BTU - Stock Picks)."
Google (GOOG Quote - Cramer on GOOG - Stock Picks): "I think the numbers are too high. I think its still got some room to fall. I cannot endorse it here. "
*For all you home-gamers, a 'mon-back opportunity means Cramer would back up the figurative truck and load up on a stock.
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