Cramer's 'Mad Money Lightning Round': GlobalSantaFe's Got It Made

03/02/07 - 07:13 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:

TD Ameritrade(AMTD Quote): "Is it my favorite broker? No." That would be Goldman Sachs(GS Quote), which Cramer owns for his Action Alerts PLUS charitable trust. But Cramer said some people don't want a stock that pricey. He said he will sanction buying Ameritrade at 14.

Virgin Media(VMED Quote): "This company's in transition. ... This looks a lot like what happened with Comcast(CMCSA Quote) before its run" and with Charter(CHTR Quote). I am sticking with Virgin Media."

GlobalSantaFe(GSF Quote): "As each contract rolls over, they get a higher price. ... All the rigs are spoken for." Cramer said the stock is "too cheap. I want to buy it here."

Qualcomm(QCOM Quote): "Was worried they were being too litigious. ... If that stock gets back to 37, all the risk will be in, and I'll pull the trigger."

"Six Flags(SIX Quote) is a good stock." Cramer said it's a company that does well when interest rates go lower.

Aqua America(WTR Quote): "I've not liked this stock ... I used to like it for its safety. ... If it got to 18, I would probably look at it."

Exxon Mobil(XOM Quote): "Way overdone ... down 9 straight points, fantastic balance sheet, can raise the dividend, buying back stocks. Pull the trigger at Exxon."

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