Lightning Round: Wal-Mart, Apogee, Nortel and More

Capstone Turbine : The stock’s had a good move, so Cramer recommended taking some profits on half your position. Let the rest run, he said.

James River Coal : “I am so bullish on James River Coal.” But again, this stock has really run, Cramer said, so take some profits. For JRCC, sell a third, wait for a bump in price, and then take another third off the table. Let the rest run.

Apogee : “This is a nice, steady long termer…I think Apogee’s good.”

Wal-Mart : “I think that Wal-Mart is so good at $58 that I cannot have you sell it…I see Wal-Mart going to $63.”

Bristol-Meyers Squibb : Cramer said he likes BMY’s yield.

Northern Oil & Gas : “You’ve got a great one in Northern Oil.”

Nortel : Sell, sell, sell, Cramer said.

Concho Resources : “You’ve got a winner.”

Dow Chemical : Cramer likes the company’s yield, but as the world’s biggest buyer of natural gas in a time of excessively high fuel prices, Cramer can’t recommend this stock.

Grey Wolf : Grey Wolf’s another sell, sell, sell, Cramer said.

Jim's charitable trust owns Wal-Mart.

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