Jim Cramer's Lightning Round

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Cramer's 'Mad Money Lightning Round': BioMarin on Move

TheStreet.com Staff

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:

Bank of America(BAC Quote): "Trying to figure out why that CFO left. You know that never's a good thing. ... We are now down from two thumbs up to neutral."

Apollo Investment(AINV Quote): "I tend not to like closed-end investment funds very much." But "this one yields 8% ... in this environment, I think you buy some."

Regal Entertainment(RGC Quote): "I cannot believe how great this company has become ... 12% grower, 25 multiple ... that's too expensive. ... I am going to ask you to ring the register."

Apollo Group(APOL Quote): "Accounting irregularities equal sell. ... Need I finish the equation?"

Exxon Mobil(XOM Quote): "You gotta wait 3 points before you can buy it ... 75 next, and then pull the trigger."

Research In Motion(RIMM Quote): "The guys who are trying to bet against the company are going to have a rude-awakening situation. ... I think the put guys [those with put options betting the stock will fall], they'll never know what hit them."

PepsiCo(PEP Quote): "I do believe that Pepsi is going to tread water here. ... one of the most well-managed companies in the country. Holding pattern. When the economy slows, it's going to be rolling again." But Cramer said the economy's "not gonna be slow enough to leave the cyclicals you have been buying and head into Pepsi."

American Oriental Bioengineering(AOB Quote): "I think you should sell that stock nine ways to Sunday."

eBay(EBAY Quote): "You know after all this run from 25, the stock is still down 25% ... How smart was I when I didn't like it at 50?"

S1(SONE Quote): "I don't know, Internet-based financial services. ... I'm not going back to the well. Don'tBuyDon'tBuy."

"BioMarin(BMRN Quote) is without a doubt the most exciting speculative name in biotech today. Pull the trigger. I think there's good news coming. Diagnostic products, therapeutic enzymes."

*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.