Mad Money Lightning Round: Jim Promotes CSCO, V, FSYS, FFIV, GFA, ARBA, C, AAPL
In his "Mad Money Lightning Round," Jim Cramer disclosed that his charitable trust owns Cisco Systems (NASDAQ: CSCO). He continues to believe that CSCO will not be expensive even at $35 a share. CSCO moved up 0.46% in the after hours session, following its 3.65% rise in yesterday’s trading.
Cramer believes that Hershey Foods (NYSE: HSY) has been through a remarkable run and lacks the earnings power to sustain it. HSY lost 0.60% in yesterday’s trading.
Regarding Ariba (NASDAQ: ARBA), Jim said that it is a company that will continue to benefit from the growing popularity of eCommence. Apart from ARBA, he likes F5 Networks (NASDAQ: FFIV). While ARBA jumped 2.76%, FFIV gained 0.23% in after hours trading.
Jim thinks that Visa (NYSE: V) has great secular growth and can raise its earnings. V slipped 2.49% in after hours to lose all its gains made yesterday.
Cramer strongly recommends Gafisa (NYSE: GFA) as the company is sure to benefit from the strong fundamentals of Brazil’s mortgage market. GFA gained 1.46% in after hours trading.
Fuel Systems Solutions (NASDAQ: FSYS) has bottomed and should not suffer any longer, Jim said. After jumping 8.45% in yesterday’s trading, FSYS moved up 1.11% during the after hours session.
Allied Irish Banks (NYSE: AIB) does not seem attractive to Jim and he would rather own Citigroup (NYSE: C), which has started to move up. While AIB lost 1.38%, C gained 0.56% in after hours trading.
Jim does not like Motorola (NYSE: MOT) and continues to promote Apple (NASDAQ: AAPL). While MOT slid 0.58%, AAPL gained 0.06% yesterday.
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