Jim Cramer's Lightning Round
Cramer's 'Mad Money Lightning Round': ABB Powerful
TheStreet.com Staff
12/18/06 - 07:12 PM EST
To see the full "Mad Money" Recap, please
click here.
Here's what Jim Cramer had to say about some of the stocks that callers offered up during the "Mad Money Lightning Round" Monday evening:
Eagle Materials(EXP): "A great cement company. If this stock were ever to pull back," Cramer gestured he would back up the truck*.
Marvell(MRVL): When you see a gadget ... you are playing with Marvell. ... This could be one of the biggest stocks for 2007, and I want you to BuyBuyBuy. ... Marvell is for me, two thumbs up, way up." Cramer owns it for his
Action Alrts PLUS charitable trust.
Chesapeake Energy(CHK): "We catch one cold wave and you've got 34 ... downside is minimal. ... Pull the trigger!"
Mueller Water(MWA): "This stock is dirt cheap. ... That's a regular consistent business. I say two thumbs up."
Grey Wolf(GW): "Good on its own merits, but I do not look for a takeover [by
Halliburton]."
Cisco(CSCO): "[CEO John] Chambers is back, he's bigger than ever. This stock is going higher, it's going to 30. I would buy it here."
Apple(AAPL): "Below 85, I want to buy the stock. The bears are leaning on Apple, and bears, pay attention, open season coming."
Morgan Stanley(MS): "52-week high, earnings coming tomorrow. Ixnay on the buynay." Cramer recommended
Goldman Sachs(GS) instead.
Southern Copper(PCU): "I know the dividend is terrific at 9%," but Cramer said it was time to take a little off the table.
People Support(PSPT): "These companies that are outsourcing business have nothing proprietary." At its 52-week high, Cramer said it was a sell.
Allis-Chalmers Energy(ALY): You don't need to be in that small-cap oil service. You go with
Halliburton(HAL)," which Cramer owns for his Action Alerts PLUS.
ABB(ABB): Primo nuclear power. ... ABB is the primary nuclear power builder. ... I say ABB at 17 1/2 is not done going up. That stock is going to 20."
*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.