Jim Cramer's Lightning Round
Cramer's 'Mad Money Lightning Round': MasterCard on March
TheStreet.com Staff
01/30/07 - 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" Tuesday evening:
Apple(AAPL): It's like a suicide grip. It's a chokehold [the bears have]. ... I think bears are ultimately going to turn into bulls, or at least turn into pandas, and get extinct."
Abecrombie & Fitch(ANF) "You know we nailed that at 50. ... I feel that it can go a little higher. ... It's at 78 -- when it gets to 85, please, please don't be greedy."
MasterCard(MA): "I liked Master Card at 40, then I got cold feet at 60. Then I came back at 65. ... You know what, it's still too cheap? I think Master Card is going to blow the doors off the quarter. It's a 'nine buy.'"
W.W. Grainger (GWW): "A great American institution. Go to any town [with Grainger], you're in the restaurant business, you're in the plumbing supply ... Grainger 76 still a buy. ... well-run company."
Melco PBL Entertainment(MPEL): "I cannot believe that MPEL has fallen below 20 and
Las Vegas Sands(LVS) and
Wynn(WYNN) keep going up. ... I am still endorsing."
Gmarket(GMKT): "Had a major run and then pulled back. Buy it back for another trade to the long side, perhaps with a $26 price."
*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.