Cramer's 'Mad Money Lightning Round': Time for General Maritime

02/23/07 - 07:17 PM EST

TheStreet.com Staff

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" Friday evening:

Oilsands Quest (BQI Quote): "You're gonna have to go with Suncor(SU Quote) or EnCana(ECA Quote)."

Cellcom Israel(CEL Quote): "Too dicey ... you got Verizon(VZ Quote) ... AT&T(T Quote) selling cheap. Don't look back. Pull the trigger to exit and go into one of my two."

"Hewlett-Packard(HPQ Quote) was a good quarter. The guidance was good. Mark Hurd has done a good job. I am telling you to back up the truck Hewlett right here at 40." Cramer owns it for his Action Alerts PLUS charitable trust.

Vasco Data Security(VDSI Quote): "A data security company that looks so much like every other one that has been taken over. I would buy it, but not with reckless abandon."

PetroHawk Energy(HAWK Quote): "Been a punching bag because of that natural gas exposure. ... I would swap out of the Hawk and move into Devon(DVN Quote) ... has that great Gulf of Mexico find and is up only 4 points since it was announced."

Arch Coal(ACI Quote): "Up 10% since I recommend it on "Stop Trading" (on CNBC). ... I also like BTU, Peabody(BTU Quote)."

Frontline(FRO Quote): Cramer instead offered General Maritime(GMR Quote), "one of the great companies ... management knows what it's doing."

Prudential(PRU Quote): "It has been found money ... stick with it. Going to par."

Tronox(TRX Quote): "I don't like TRX, too commodified."

Quest Diagnostics(DGX Quote): "People think the margins are bad. ... That quarter is going to be good. ... the stock is cheap. I would buy, buy, buy. Don't be dissuaded by the bears." Cramer owns it for Action Alerts PLUS.

*For all you home-gamers, a 'mon-back opportunity means Cramer would back up the figurative truck and load up on a stock.

Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here.

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At the time of publication, Cramer was long Hewlett-Packard and Quest Diagnostics.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com or its affiliates, or CNBC, NBC UNIVERSAL or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither TheStreet.com, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or TheStreet.com is related to the specific opinions expressed by him on "Mad Money."

None of the information contained in "Mad Money" constitutes a recommendation by Mr. Cramer, TheStreet.com or CNBC that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the program. Mr. Cramer's past results are not necessarily indicative of future performance. Neither Mr. Cramer, nor TheStreet.com, nor CNBC guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the program. The strategy or investments discussed may fluctuate in price or value and you may get back less than you invested. Before acting on any information contained in the program, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.

Some of the stocks mentioned by Mr. Cramer on "Mad Money" are held in Mr. Cramer's Action Alerts PLUS Portfolio. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on TheStreet.com. The Action Alerts PLUS Portfolio contains all of Mr. Cramer's personal investments in publicly-traded equity securities only, and does not include any mutual fund holdings or other institutionally managed assets, private equity investments, or his holdings in TheStreet.com, Inc. Since March 2005, the Action Alerts PLUS Portfolio has been held by a Trust, the realized profits from which have been pledged to charity. Mr. Cramer retains full investment discretion with respect to all securities contained in the Trust. Mr. Cramer is subject to certain trading restrictions, and must hold all securities in the Action Alerts PLUS Portfolio for at least one month, and is not permitted to buy or sell any security he has spoken about on television or on his radio program for five days following the broadcast.

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