Jim Cramer's Lightning Round
Cramer's 'Mad Money Lightning Round': Southern Copper Man
TheStreet.com Staff
01/31/07 - 06:49 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" Wednesday evening:
"Zimmer Holdings(ZMH): is going to par [100] from 84. ... And I do not think that stock is expensive."
EMC(EMC): "Very problematic for me. ... I'd rather see you in
Hewlett-Packard(HPQ), which Cramer owns for his
Action Alerts PLUS charitable trust.
VeriFone Holdings(PAY): "Grows at 20%, sells at 20 times earnings. ... I am hitting it again. VeriFone is for me and for you."
Intel(INTC): "Problematic. Locked in a price war ... with
AMD(AMD). ... I say use the price war to your advantage. ... Who is a client [of the two]? It's Hewlett-Packard."
Southern Copper(PCU): "Why did I leave this stock? Why did I sell it for my trust? PCU is so good, and by the way I like
Phelps Dodge(PD). ... Southern Copper is just terrific ... and the mining costs are low. Still making money hand-over-fist." Cramer gestured to back up the truck*.
Syneron Medical(ELOS): "I think that Syneron Med is for real. I want to buy it here at 24."
BEA Systems(BEAS): "I'm still endorsing it. It's just flat-lined here. I'm not worried."
NYSE Group(NYX): "I think [CEO] John Thain is going to deliver for us. ... I am not backing away." Cramer owns it for Action Alerts PLUS.
NTL(NTL): "We know the triple play is for real. ... If you think I'm going to back away [said Cramer, because the stock hasn't moved from where he recommended it last week], you are wrong."
*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.