Jim Cramer's Lightning Round
'Mad Money Lightning Round': Temple-Inland Is Going Higher
05/15/08 - 07:32 PM EDT
To see the full "Mad Money" Recap, please click here.
Here's what Jim Cramer had to say about some of the stocks that callers offered up during the "Mad Money Lightning Round" Thursday evening: Temple-Inland TIN: "This is one I recommended at $11. I know packaging and I know this stock. This stock is going to $16." Merck MRK: "Merck is cheap. I think it's going to surprise to the upside, which is why I'm bullish on Schering-Plough SGP, but I still like Merck too." Whole Foods WFMI: "This is a tough one. I love shopping at Whole Foods, but that's not the same as buying the stock. It continues to miss the quarter. Don't buy." CONSOL Energy CNX: "This stock is up so much that I don't know if I can recommend it again. I want people to ring the register a little." Abiomed ABMD: "No, I've got so many other situations with more upside that aren't as speculative. I'm not a fan of that one." Chindex International CHDX: "This is another one up big today; it's time to take it off the table. Ring the register and take some profits." PG&E PCG: "The only reason I would want to own that one is because I believe they're going to place a big order with First Solar FSLR for more solar. Otherwise I don't think they deserve the price they're at. " Focus Media FMCN: "This one's tough. I haven't been recommending a lot of Chinese stocks. I'm not a buyer of Focus Media."
Cramer says the company has a lot of new patents and a great dividend.
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