Jim Cramer's Lightning Round
Cramer's 'Mad Money Lightning Round': The Rite Aid Stuff
TheStreet.com Staff
03/24/06 - 07:01 PM EST
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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" Friday evening:
Abercrombie & Fitch: "I do not play when I got a battleground," said Cramer, citing competitors
American Eagle and
Urban Outfitters. Cramer issued a Don'tBuy on ANF.
Computer Sciences: "At the 56 level, do you mind if we schnitzel a little, Mimi, and go elsewhere?"
Geron: "Stay away."
Evergreen Solar: "Turning a gain back to no gain. ... Will "Slim" Gabrielski (Cramer's research associate at
TheStreet.com) says this one is still bankable. ... But when it gets back to 18, you take some off the table."
Isis Pharma: "Big hat, no cattle. I want to sell this thing. It's losing money hand over fist. It's not for me."
DRS Technologies: "Sweet-spot defense company. It will either be bought or go up on earnings. Two thumbs up, way up."
CBIZ: "A terrific play. Seven dollars goes to 10. You got my blessing and I even give you a triple buy."
Palm: "I think you get into that stock, and you get into it big."
Dress Barn: "I like Dress Barn. I have not gotten behind it since the double we caught. ... The fundamentals are good, but I need to get a pullback before we do a 'mon back*."
Tom Online: "May I suggest you buy
NetEase, which I like more?"
"
Rite Aid is going to 5, and I'm blessing it because of Medicare Part D." Cramer also likes
CVS.
"
Brightpoint seems too high to me. I want you to sell a little."
Cisco: "As painful as this is, I admit it's going higher."
Apple Computer: "I think that Apple's a buy. ... I 'm not backing away. I still like it."
"
Costco at 54 is still a buy. I stick with it."
Lightning Round
Cramer was bullish on
American Eagle Outfitters(AEOS Quote),
Urban Outfitters(URBN Quote),
Evergreen Solar(ESLR Quote),
Thornburg Mortgage(TMA Quote),
Countrywide Financial(CFC Quote),
Accredited Home Lenders(LEND Quote),
DRS Technologies(DRS Quote),
L-3 Communications(LLL Quote),
CBIZ(CBIZ Quote),
Southwestern Energy(SWN Quote),
Houston Exploration(THX Quote),
Palm(PALM Quote),
NetEase(NTES Quote).
Yahoo!(YHOO Quote),
Rite Aid(RAD Quote),
CVS(CVS Quote),
Brightpoint(CELL Quote),
Cisco(CSCO Quote),
Alcatel(ALA Quote),
Lucent(LU Quote),
Tellabs(TLAB Quote)
Costco(COST Quote)
and
Apple(AAPL Quote).
Cramer was bearish on
Abercrombie & Fitch(ANF Quote),
Computer Sciences(CSC Quote),
Geron(GERN Quote),
Isis Pharmaceuticals(ISIS Quote),
Exco Resources(XCO Quote),
Thomas & Betts(TNB Quote)
and
Tom Online(TOMO Quote).
*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.