Jim Cramer's Lightning Round
Cramer's 'Mad Money Lightning Round': No Bears to This Honeywell
TheStreet.com Staff
12/21/06 - 07:48 PM EST
To see the full "Mad Money" Recap, please
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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" Thursday evening:
Barclays(BCS): "Rumored to be bought by
Bank of America(BAC). Got a nice yield. Good pastiche of businesses. I would still prefer to own Bank of America."
"
Coldwater Creek(CWTR) may have a good quarter, but the next quarter's going to be even better. Stick with Coldwater."
"
Aventine(AVR) is a sale; you don't want to be near it. It's a train wreck."
Caterpillar(CAT): "One of the absolute toughest stocks out there. ... The dollar is weak, which gives them the edge, but there is also a worldwide slowdown coming. ... Caterpillar is a buy here. I think CAT has 2 down, 10 up." Cramer played the back-up-the-truck* sound.
Companhia Vale do Rio Doce (RIO): "A lot of people are fretting about copper. It just so happens that ... [RIO] isn't hurt by copper. ... That along with BHP [
BHP Billiton] and
Rio Tinto(RTP) are the three best mineral companies in the world."
XTO Energy(XTO): Cramer said the company has "so consistently found oil."
Honeywell(HON): "We want big dividends in this country. Honeywell gave us one. Honeywell's going to fitty."
Time Warner(TWX): "We have now been behind Dick Parsons for 4½ points. ... You do not sell Time Warner here. That stock is just visiting the 22, 23 level ... a way station to 28 to 30."
*This 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.