Jim Cramer’s Lightning Round
Jul.29, 2008 in
Jim Cramer's Lightning Round
Bullish
ABB (ABB), General Electric (GE) and Transocean (RIG).
Bearish
Garmin (GRMN), Huntington Bancshares (HBAN), Intrepid Potash (IPI), Potash (POT), and AuthenTec (AUTH). This thin film photovoltaic (TFPV) SOLAR CELL manufacture may be the next FSLR! Read the free research report available today
July 29th, 2008 at 8:40 pm
Correction, I just watched mad money (the 10 pm edition) and Jim was bullish on GE saying it would go to thirty, he was not bearish on the stock.
July 30th, 2008 at 6:44 pm
I have been following/purchased POT two years ago- yes it goes up and down- mainly influenced by JC or other “bears”, and “somewhat” by oil prices –> ethanol needs. However, what most “experts” fail to see is more crops needed for food and livestock. POT can’t keep up with demand (5 years of orders) and is consistently reinvesting to get and process more potash. If you want to make or lose a quick buck- listen to the “experts”; if you want a >30% annual ROI just invest and don’t worry about fluctuations, unless you want to invest when it is down and sell when it is up (like Jim Cramer does).