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): "At 5.80, Rite Aid remains one of my favorite speculations. Take that, bears."
China Unicom(CHU): "Not a fan of China Unicom. ... You gotta do
China Mobile(CHL) ... even at a 52-week high, that's a better buy."
Flextronics(FLEX): "Not gonna make any money being long that. ...You need to be out of the contract manufacturers ... look at
Solectron(SLR),
Jabil(JBL) ... this is a bearish group. I don't want you near it."
Nektar Therapeutics(NKTR): "No, no, no, no, no ... connected to
Pfizer(PFE). ... Wasn't that the 470th restructuring they [Pfizer] announced today? If we wanna be in pharma," go with
Genentech(DNA),
Amgen(AMGN) or
Celgene(CELG), Cramer said.
Force Protection(FRPT) "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)) or NICE (
Nice Systems(NICE)) because we like homeland security."
Imergent(IIG): "Too darn hard to own. ... I do not want you to have to take pain."
Google(GOOG): "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): "MPEL is not as good as
Las Vegas Sands(LVS) and not as good as
Wynn(WYNN), but it should be bought here. "
SkyWest(SKYW): "You know I'm a liker of the airlines." Cramer noted that
AMR(AMR) did a 13 million-share offering after the close. "Don't overstay your welcome," he said of SkyWest.
Under Armour(UA): "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.