Exelon's Got Nukes - Cramer's Lightning Round (7/1/08)
Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Tuesday April 22. Click on a stock ticker for more analysis:
Bullish calls:
United Technologies (UTX),Honeywell (HON)
Exelon (EXC): "That's a growth utility. That one is terrific; they don't need new plants; they've got Nukes!"
Duke Energy (DUK): "They've got a visionary leader. I like them OK. They've got a good yield, but I like Consolidated Edison (ED) more for yield."
Consolidated Edison (ED)
Verizon (VZ): "Both Verizon and AT&T T are being seen as dead money if Obama wins and stops treating dividends favorably. But I don't buy into that and want to buy both of them here."
AT&T (T)
Ener1 (HEV): "That's one of my favorite speculations. I think that you want to be in that. It's a lithium battery company."
Sociedad Quimica (SQM): "I also like Sociedad Quimica SQM as an even better play."
Bearish calls:
Pep Boys (PBY): "Manny, Moe and Jack have no pep left. I do not want to be in that stock. I say sell, sell, sell."
Brush Engineered Materials (BW): "All of these are related to Boeing. If there is a comeback at all coming, it'll be with United Technologies or Honeywell not with any of these suppliers."
SunTrust Banks (STI): "That's not the same SunTrust I once knew and loved. I want to be very honest; it's a shadow of its former self. You need to sell that one."
Owens Illinois (OI): "They've got huge natural gas exposure. Down here at $41 I'm on the fence. I need to see the quarter before I can buy again."
Wachovia (WB): "Wachovia just now, yes, just now, decided to stop offering adjustable rate mortgages. I do not like Wachovia and I'm very worried about them."
Emcore (EMKR): "This one is a mosaic of companies. If you want it as a speculative stock, it's OK, but otherwise, this one's not for me."
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