Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Wednesday June 18. <!---->
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Bullish calls:
Black & Decker (BDK): "I pulled the trigger today and bought some more for my trust. It's cheap and has a 3% yield, so I said it's time to buy. I am willing to take the consequences. The housing crisis will eventually be over."
Praxair (PX): "The gas business is on fire. These are stocks we've been recommending for multiple years. I reiterate my buys on Airgas (ARG), Air Products and Chemicals (APD) and Praxair."
YRC Worldwide (YRCW): "I think it's finally had a great quarter and is starting to rally. I'd be a buyer and pull the trigger. I'd recommend that one."
Bearish calls:
A-Power Energy (APWR): "This is an alternative energy play in China and I've been loath to recommend it. If it pulls back, I'd consider it. This one's a winner but you were right to take profits."
Kimberly-Clark (KMB): "This one's got too much exposure to oil. As long as oil goes up, Kimberly is going down. The same with Clorox(CLX). I'd rather see you in Procter & Gamble (PG) because it has diversification."
Garmin (GRMN): "No. no. no. That's a commodity play and I've been telling people to sell it since The Christmas Holiday. I reiterate there's nothing there. GPS is everywhere now; I could make one in my kitchen. Sell, sell, sell!"
Sterlite Industries (SLT): "This is an Indian company doing minerals, I think it's a forward looking company, but India and China are in a bear market. If you want to penetrate the bear market Sterlite would be it"