Mad Money Lightning Round OT: Cramer Gives His Opinion On AMKR, TER, A, CML, CSCO, MGM, WYNN
May 19, 2010 Uncategorized
CNBC Mad Money’s Jim Cramer said in the segment of the show called Lightning Round OT that investors should not buy Amkor Technology, Inc. (NASDAQ: AMKR). He has been recommending Agilent Technologies Inc. (NYSE: A) and Teradyne, Inc. (NYSE: TER) for a while, and wants to see investors in these stocks, rather than in Amkor Technology (AMKR). Agilent (A) gained 1.62% today, while Teradyne (TER) and Amkor (AMKR) gained 0.55% and 0.76% respectively.
Cramer thinks that Compellent Technologies, Inc. (NYSE: CML) has a lot of competition, and it would be wise to sell this stock and buy Cisco Systems, Inc. (NASDAQ: CSCO). Compellent Technologies (CML) added 2.24% today, while Cisco (CSCO) dropped 0.42%.
MGM MIRAGE (NYSE: MGM) has too much debt, and Cramer doesn’t want to touch it. If investors want to be in casinos they should buy Wynn Resorts, Limited (NASDAQ: WYNN), thinks Cramer. MGM dropped 1.62% today, and WYNN fell 0.45%.