Jim Cramer's Lightning Round
'Mad Money Lightning Round': Down on Sunoco
05/09/08 - 07:50 PM EDT
To see the full "Mad Money" Recap, please click here.
Here's what Jim Cramer had to say about some of the stocks that callers offered up during the "Mad Money Lightning Round" Friday evening: Sunoco SUN: "I have a real problem with Sunoco and the refiners. The margins are just going down; I cannot recommend them. I'll give you Marathon Oil MRO but that's it for that sector." Juniper Networks JNPR: "I'm not a fan of Juniper. They're going head to head with Cisco Systems CSCO and that makes it a sell, sell, sell. I'm only recommending Apple AAPL and Intel INTC." Commscope CTV: "Oh jeez, I'm sorry, there are too many players in that game. That one's a sell, sell, sell." Genentech DNA: "This is a tough one. They have a great drug, but it's not getting the approvals it needs. That group is too hard right now." Gencor Industries GENC: "This is a surprising company. It's got a lot of things in it. You've got a winner there." Sunpower SPWR: "No, no, we are not fans of any traditional solar plays. We are only recommending First Solar FSLR and Applied Materials AMAT for its solar division." OraSure Technologies Inc OSUR: "No, no, no, that was one of the worst quarters I've ever seen. You have to sell that one, that's just terrible." Energy Conversion Devices ENER: "That one has been on a roll, but hogs get slaughtered. You've got to sell that one and take your profits." Fifth Third Bancorp FITB: "I don't trust their dividend. It used to be one of the premier banks out there and I just don't trust it anymore. I'm a seller."
The company needs one more good quarter before Cramer can bless it.
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