Jim Cramer's Lightning Round
Cramer's 'Mad Money Lightning Round': Gilded Gilead
TheStreet.com Staff
12/05/06 - 07:23 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" Tuesday evening:
Gilead Sciences(GILD Quote): "What a fabulous, fabulous group of drugs they have. ... I think it's about to take off the way
Celgene(CELG Quote) did."
MEMC Electronic Materials(WFR Quote): "There has been a silicon wafer shortage for as long as I can remember. But the fact is this is a stock that has doubled from year to year, I can only give it one thumb up [in keeping with the "pigs get slaughtered" principle espoused on the show]."
VeraSun Energy(VSE Quote): "Not one of my favorites." ... Cramer said he would sell it and buy
Archer Daniels Midland(ADM Quote).
Titatnium(TIE Quote): "You are second-best of breed from way back ... you swap out and pull the trigger on ...
Allegheny(ATI Quote).
Nortel(NT Quote): "Still a great sale. ... Nortel,
Alcatel(ALA Quote) ... don't matter. Sell those and be in
Cisco(symbol Quote). ... the only pure-play communications-equipment stock you're gonna hear on ... "Mad Money."
Microsoft(MSFT Quote): "Stalled. ... I think it flat-lines here. ... And then, next year it will start taking off again."
Lowe's(LOW Quote): "I'm sticking with Lowe's for at least another 4, 5 points. Don't you dare think about ringing the register. We just opened the store."
Finisar(FNSR Quote): "An old favorite from last year but no longer good to buy. ... directing all Finisar traffic to Cisco."
Level 3(LVLT Quote): "Some people are saying that could be 2007's stock of the year. ... the coming bandwith shortage is going to make that stock double in the next two years. ... And below 5, pull it back, pull it back [meaning back up the truck*]."
Savient Pharmaceuticals(SVNT Quote): "Really great growth but expensive as all get-out. ... bottom line is ixnay on the Savient-ay."
KBR(KBR Quote): "It's stalled. ... Slowly KBR goes up. ... Now in the infrastructure quagmire. Cramer says it still will go to 24 over time but now it's "resting."
American Express(AXP Quote): "I am not done backing up the truck on
Master Card(MA Quote)."
Swift Energy(SFY Quote): "What is not to like about an unbelievable company that is growing at 9% and nine times earnings?" But Cramer said he likes
ConocoPhillips(COP Quote) more.
*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.