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Still Bullish on RIMM - Cramer's Lightning Round (10/6/08)

by: SA Editor Joan Wickham October 06, 2008 | about stocks: AMED / AXP / DEO / HEK / MA / RIMM / V    

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Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Monday, October 6.

Bullish Calls:

Research In Motion (RIMM) -- “I’m still bullish on Research In Motion. With a one year horizon you are fine. Blackberry is a real product.”
Visa (V) -- “I like Visa as a play on the switch from paper money to plastic credit cards. Visa has been performing well lately.”
Diageo (DEO) -- “This is another stock with a good dividend (5%), and I like it for the long term. This is my kind of stock. That company is for me."

Bearish Calls:

Heckmann (HEK) -- “I am not going there. This is an all development company. Sell, sell, sell.”
Mastercard (MA) -- “Mastercard has been hurting recently . However, the liquidation of Mastercard may be done.”
Amedisys (AMED) -- “Amedisys is too difficult for me. It is a controversial stock. Some people like it and some people hate it. I don’t want to get caught in the crossfire.”
American Express (AXP) -- “Last week I said don’t own American Express.”

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This article has 3 comments:

  •  
    Oct 06 08:48 PM
    Freaking Cramer is a moron
    Reply
  •  
    Oct 06 11:47 PM
    He has no credential. Few weeks ago he called the bottom, and now he said sell everything. He's an okay entertainer (i sort of admire his capability in continuously finding financial related subjects to keep on talking during his show time) However, he is just not accurate.

    Too bad he's not always wrong. If so, i can just bet on the other way.
    Reply
  •  
    Oct 06 11:54 PM
    How is V performing well lately?
    Reply
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