Jim Cramer's Lightning Round

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Cramer's 'Mad Money Lightning Round': RPM a Comer

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" Friday evening:

Fuel Tech(FTEK): "I'm backing it right here, right now."

Nordstrom(JWN): "I command you to take off [sell] one-quarter of your position ... even though Nordstrom will blow away [estimates]."

RPM International(RPM): "I think you've got a winner with RPM ... wonder why this company hasn't been taken over yet. Terrific little sleeper company ... the coatings business, the corrosion business. ... They're Rustoleum. And if they'd call themselves Rustoleum, they'd have a $34 stock."

Teva Pharmaceutical(TEVA): "I want the real deal. ... Why don't you give me a little JNJ (Johnson & Johnson(JNJ), which Cramer owns for his Action Alerts PLUS charitable trust)?

Wachovia(WB): "With a 4% yield, it is not going to go down when they report the quarter ... a very well-run bank. I condone owning it through earnings. Period."

Flir Systems(FLIR): "No. 2 and Nice(NICE) No. 1 ways to play counterterrorism because they make great homeland security products."

Diageo(DEO): "This is as tough as it gets for me. ... I have been up on it [owning it for Action Alerts PLUS], and I won't let it go ... 4% yielder that's moving into China aggressively. ... I think the business is too good to sell ... but you're up 30% ... I want you to take off [sell] one-quarter of your position. Let the rest ride."

BioMarin(BMRN): "Been behind this stock for a long time, and I am not backing away. ... Therapeutic enzyme products. It's for burns. Bunch of stuff in the pipeline." Cramer also likes Savient(SVNT)."

Cnooc(CEO): "No. There was a time I liked this stock ... Chinese crude oil stock. On any bounce, ka-ching, ka-ching [take profits]."

Research In Motion(RIMM): "Played out, my friend. Reported that great quarter and didn't move. I want you to SellSellSell. And I would rather see you in Apple(AAPL)."