Jim Cramer's Lightning Round

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Cramer's 'Mad Money Lightning Round': Cemex Solid

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" Thursday evening:

Freeport McMoRan(FCX): "I'm endorsing it. Let's buy some."

Cemex(CX): "They want to be a monopolist when it comes to cement. They want to own North America, and you know what? They're going to do it. Cemex even right here still goes higher."

American Oriental Bioengineering(AOB): "This stock is running too far. I want to do a Don'tBuy. Maybe if it comes down," Cramer said, he will reconsider.

Microsoft(MSFT): "I have morphed into a Steve Ballmer fan. ... The stock is going to be stalled right here, but I do like it."

Anixter(AXE): "I'm going to send you to Brian Roberts at Comcast(CMCSA)."

Level 3(LVLT): "Other stocks are catching up with Level 3."

Adobe(ADBE): "People think I'm wrong on Adobe. ... Adobe is stalled; that was a great quarter. ... I just know that it is biding time; 38 is a way station going to 45."

Chesapeake Energy(CHK): "Problematic; every time it goes up to 32, 33, we get that inevitable selling." But Cramer said if you like natural gas, you pull the trigger on Halliburton(HAL), which he owns for his Action Alerts PLUS charitable trust.

"Halliburton's quarter was good. They're buying back a huge amount of stock." Cramer said he's not backing down but backing up the truck*.

Volcano(VOLC): "Medical devices rock."

Goodman Global(GGL): "Back and bigger than ever. Heating, ventilation and air conditioning." But Cramer said he preferred American Standard(ASD).

*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.