Cramer's 'Mad Money Lightning Round': Schering Plows Ahead

 

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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:

R.H. Donnelley (RHD): "It's been too high. ... There's been too much hype in the name. ... I want to sell R.H. Donnelley."

Geron (GERN): "Speculation. Not for me. Don't want to come near it. It's up too high. If you want biotech, I've got two offerings on the table." Cramer recommended Gilead Sciences (GILD) and Celgene (CELG).

Patterson-UTI Energy (PTEN): "I have not liked this company historically. ... But natural gas is back up. ... Patterson is a land driller, and I think it has room to catch up to King Hal," or Halliburton (HAL), which Cramer owns for his charitable trust, Action Alerts PLUS.

Saks (SKS): "Let the stock come in. ... I was not concerned about gross margins. I think it's a chance to buy. ... You do a schnitzel, my friend, not a full buy."

Schering-Plough (SGP): "The fact that I ever sold this great stock for my Action Alerts PLUS charitable trust is really disheartening. ... My advice to you, take half off and let the rest run. ... This stock's a double, but it's still going up."

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