'Mad Money Lightning Round': Ebay Is in Trouble
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Here's what Jim Cramer had to say about some of the stocks that callers offered up during the "Mad Money Lightning Round" Wednesday evening: eBay (EBAY): "no, no, no. Volume is declining and I can't get behind it. That one is trouble." Yamana Gold (AUY): "They missed the quarter and I cannot venture into that one. I'd go with Agnico-Eagle Mines (AEM) if I had to invest in gold." Research In Motion (RIMM): "Over done to the downside. I am not buying into the negativity. I'd rather own tech than sell tech." Molson Coors (TAP): "I like TAP. The raw costs have come down. I want to buy this one." ADC Telecommunications (ADCT): "Inexpensive stock, but I do not like telco. It's too hard. Some stocks are just too hard to own and that's one of them." MGM Mirage (MGM): "Cha-ching, cha-ching. We have too many casinos; the margins are horrible. I said to sell the casinos and I'm sticking with it." Sociedad Quimica (SQM): "I've been killed in this one. I think you're going to have to take some pain in this one. I think it'll come back, but its going to be a long road." Eagle Bulk Shipping (EGLE): "No, I'm sticking with Frontline (FRO) and that's it. " Red Hat (RHT): "I think their CEO tells a good tale. I like Red Hat. " CVS Caremark (CVS): "I think retail is a major buy, but CVS is not my favorite. We're in an early cycle rally and retail works."
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 12,801.23 | 1,342.64 | 2,903.88 | 19.69 |
Oil *
117.67
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89.23 |
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23.35 |
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0.78 |
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SPDR Gold
167.14
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-0.69%
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-3.81%
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