Cramer's 'Mad Money Lightning Round': Turbo Chef Not Cooked Yet

Stock quotes in this article: COST , PG , INTC , NSM , BRCM , BBY , LEXR , WLM , ELOS , ILSE , OSUR , SWX , PNM , VLO , YELL , ISRG , OVEN , ENR , CAMD , LUV , BBBB , SGR , ADBL , SIGM , UIS , MESA , CUTR , OLN , LWSN , GGC , COSI , CSX , SCHN  

Cosi(COSI Quote): "Initially one of the worst IPOs I have ever seen. My take is it merits Don'tBuy."

Intuitive Surgical(ISRG Quote): "The shorts are dying."

Turbo Chef(OVEN Quote): "It's a cheap stock. Commercial business is strong. I'm giving it a thumbs-up. I'm staying with it."

Lightning Round

Bullish

Cramer was bullish on Costco Wholesale (COST Quote), Procter & Gamble (PG Quote), Intel (INTC Quote), National Semiconductor (NSM Quote), Broadcom (BRCM Quote), Best Buy (BBY Quote), Lexar Media (LEXR Quote), Wellman (WLM Quote), Syneron Medical (ELOS Quote), IntraLase (ILSE Quote), OraSure Technologies (OSUR Quote), Southwest Gas (SWX Quote), PNM Resources (PNM Quote), Valero Energy (VLO Quote), Yellow Roadway (YELL Quote), Intuitive Surgical (ISRG Quote) and TurboChef Technologies (OVEN Quote).

Bearish

Cramer was bearish on Energizer Holdings (ENR Quote), California Micro Devices (CAMD Quote), Southwest Airlines (LUV Quote), Blackboard (BBBB Quote), Shaw Group (SGR Quote), Audible (ADBL Quote), Sigma Designs (SIGM Quote), Unisys (UIS Quote), PolyOne (POL Quote), Mesa Air Group (MESA Quote), Cutera (CUTR Quote), Olin (OLN Quote), Georgia Gulf (GGC Quote), Lawson Software (LWSN Quote), Cosi (COSI Quote), CSX (CSX Quote) and Schnitzer Steel Industries (SCHN Quote).

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


Interested in more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here. It's a series of articles from Cramer on how to become a better investor. The following table lists some of the rules that Cramer dissects.

1. Pigs Get Slaughtered 2. It's OK to Pay the Taxes
3. Don't Buy All at Once 4. Buy Damaged Stocks
5. Diversify to Control Risk 6. Do Your Homework
7. Don't Panic 8. Buy Best-of-Breed
9. Defend Some Stocks 10. Don't Bet on Bad Stocks
11. Own Fewer Names 12. Cash Is for Winners
13. No Regrets 14. Expect Corrections
15. Know Bonds 16. Don't Subsidize Losers
17. No Room for Hope 18. Be Flexible
19. Quit When Execs Do 20. Patience Is a Virtue
21. Be a TV Critic 22. When to Wait 30 Days
23. Beware the Hype 24. Explain Your Picks
25. Find the Bull Market
Check back for more of Cramer's Rules
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At the time of publication, Cramer was long Intel and Procter & Gamble.

James J. Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for ActionAlertsPLUS. While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here. Listen to Cramer's RealMoney Radio show on your computer; just click here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click here to order Cramer's latest book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." Cramer appreciates your feedback and invites you to send him an email by clicking here.





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