YRC Worldwide Keeps Truckin' - Cramer's Lightning Round (6/18/08)

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Wednesday June 18.

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"

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Comments

[galewhitaker]

Why is Cramer recommending YRC when the price of diesel is skyrocketing? I think long haul trucking is dead in the water. It won't be long until most stuff is going to be shipped on trains, not trucks. Cramer is probably thinking that the price of oil is a bubble and is going to burst any minute. This kind of permabull crap will get investors in a lot of trouble.

[TRUCKERBLUES]

Joan, you are recomending YRCW? it's obvious that you do not
understand trucking or Bill Zollars

[Teamster4life]

Trucks move america...period! There aren't enough trains to do what Truckers do.

[Jerry Dill]

Even though trucks do move America, many people are trying to find ways around transportation. Along with the rising price of fuels and many companies trying to use other venues for shipment, trucking is starting to get hit really hard especially on their costs.

[User 212449]

a very short time ago cramer was pushing rio and slt.

[ss2504]

Cramer is unreliable on Jun/5 he recomends SLT as buy and in less than 2 weeks he changed his mind and now its sell.