Jim Cramer's Lightning Round
Cramer's 'Mad Money Lightning Round': Fill 'Er Up at Chevron
TheStreet.com Staff
02/02/07 - 08:17 PM EST
To see the full "Mad Money" Recap, please
click here.
Here's what Jim Cramer had to say about some of the stocks that callers offered up during the "Mad Money Lightning Round" Friday evening:
Nymex Holdings(NMX): "This stock does nothing but go up. ... Stick with it."
1-800-Flowers.com(FLWS): "It doesn't deserve to be owned. We're ixnaying."
Wesco(WCC): "Did you see the explosion in that stock this week off the quarter? ... Still very, very cheap. I am recommending it heartily."
Sirius(SIRI): "You know that stock ain't going anywhere. ... I want you to sell it nine ways to Super Bowl Sunday. "
Chevron(CVX): Holy cow! ... I look for the dividend to go up. I look for another buyback. I think you should back up the truck*. That's my favorite integrated oil."
Medarex(MEDX): "This is precisely what I'm railing against at this juncture." Cramer said you're better off with
Amgen(DNA) under 70 ... DNA (
Genentech(DNA)) at 87 ...
Celgene(CELG) at 55.
Hewlett-Packard(HPQ) is not just a PC assembler ... this is a technology company, run by Mark Hurd, who I think is the best. ... I need you to load up the boat, Hewlett-Pacakrd, that's best in show." Cramer owns it for
Action Alerts PLUS charitable trust.
Valero Energy(VLO): "Not bad. ... it's a cheap stock. ... If I want to refine these days, I'm gonna refine soybean or corn. I'm buying
Archer Daniels Midland(ADM) or I'm buying
Bunge." Cramer says Valero is range-bound.
Illumina(ILMN): "Not a good quarter. Expenses are going to rise. ... I need you out of that stock, and I want you to sell it right now."
Force Protection(FRPT): "I think you need to go with the majors here." Cramer said those would be
L-3 Communications Holdings(LLL),
General Dynamics(GD) and
Raytheon(RTN).
Cramer also was bullish on
Grainger (GWW),
Devon Energy (DVN) and
Armor Holdings (AH).
*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.