UPS Is Out of Control - Cramer's Lightning Round (7/10/08)

Stocks discussed in the lightning round session of Jim Cramer's Mad Money TV program, Thursday, July 10.

Bullish Calls

• Agnico-Eagle Mines (AEM) - "Buy instead of Stillwater Mining (SWC)."
• Eaton (ETN) - "Great American manufacturing company. The stock is being thrown away. Buy aggressively"
• Oilsands Quest (BQI) - "Still high on the stock but natural gas is back. Stick with this one."
• Ferrellgas Partners (FGP) - "Real good. Kind of stock I like. Good dividends; good yield. A winner; stick with it."
• Nike (NKE) - "A favorite and down to $55."
• Motorola (MOT) – "Don't give up. It is worth much more than $6. Good speculative buy."
• CGV Veritas (CGV) – "You gotta buy more. It is unbelievable. It is the only oil service company in the globe at a 52-week low."

Bearish Calls

• Stillwater Mining (SWC) – "Too aggressive. Don't buy."
• Under Armour (UA) – "Extremely negative. Better not to own. I can't stand it."
• Salesforce.com (CRM) – "Fabulous CEO but tech is so awful. Stick with it."
• United Parcel Service (UPS) – "A fabulous company but cannot own it. Oil out of control."
• FedEx (FDX)
• Rambus (RMBS) – "Techs are in trouble. Not touching that stock. Don't stick with NVDA, AMD or even CSCO."

Overtime

• Trinity Industries (TRN) – "There are two Trinities. The railcar business stinks. The company is reinventing itself as a windmill company. There is downside on the railcar business and upside on windmills. Put half your position in now and the other half at $25. This is a split decision."
• Sherwin-Williams (SHW) – "Don't touch anything housing related. This is the third rail don't touch it. The same as banking."
• Corning (GLW) – "Corning is struggling. AU said liquid crystal display market is slowing. Their fiber business is not nearly as big. Merrill upgraded this morning and I liked their reasoning but it is still too expensive."

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Comments

[truthinvesting]

Like the peopel on my forum have said Jim Cramer is off his meds.lol

[AmesTiedeman]

UPS is a great stock to buy and hold fro decades. Cramer is out of his mind. Packages will always have to be delivered.

[sammyt]

Jim Cramer is out of control, always has been, if you take his advise you will be broke. The Disney Channel would be a better channel to watch.