Jim Cramer's Lightning Round
Cramer's Mad Money Lightning Round: Thick Coat of Under Armour
TheStreet.com Staff
01/22/07 - 07:16 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" Monday evening:
Rite Aid(RAD Quote): "At 5.80, Rite Aid remains one of my favorite speculations. Take that, bears."
China Unicom(CHU Quote): "Not a fan of China Unicom. ... You gotta do
China Mobile(CHL Quote) ... even at a 52-week high, that's a better buy."
Flextronics(FLEX Quote): "Not gonna make any money being long that. ...You need to be out of the contract manufacturers ... look at
Solectron(SLR Quote),
Jabil(JBL Quote) ... this is a bearish group. I don't want you near it."
Nektar Therapeutics(NKTR Quote): "No, no, no, no, no ... connected to
Pfizer(PFE Quote). ... Wasn't that the 470th restructuring they [Pfizer] announced today? If we wanna be in pharma," go with
Genentech(DNA Quote),
Amgen(AMGN Quote) or
Celgene(CELG Quote), Cramer said.
Force Protection(FRPT Quote) "One of those safety truck companies, safety military things. ... Is not for me. If you want to be in defense, we like FLIR (
Flir Systems(FLIR Quote)) or NICE (
Nice Systems(NICE Quote)) because we like homeland security."
Imergent(IIG Quote): "Too darn hard to own. ... I do not want you to have to take pain."
Google(GOOG Quote): "One of the few techs I want to own. ... I think the stock will get to 600. ... You are getting my blessing to hold that as one of the few technology stocks to survive the gravity that is putting everyone into the House of Pain."
Melco PBL(MPEL Quote): "MPEL is not as good as
Las Vegas Sands(LVS Quote) and not as good as
Wynn(WYNN Quote), but it should be bought here. "
SkyWest(SKYW Quote): "You know I'm a liker of the airlines." Cramer noted that
AMR(AMR Quote) did a 13 million-share offering after the close. "Don't overstay your welcome," he said of SkyWest.
Under Armour(UA Quote): "Major bull market mode. ... I think the shorts are going to get whupped. ... I like Under Armour."
Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by
clicking here.