Jim Cramer's Lightning Round
Cramer's 'Mad Money Lightning Round': ICE Is Cool
TheStreet.com Staff
02/09/07 - 06:56 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:
Disney(DIS Quote): "Was a good quarter. ... I am staying bullish on Disney. Iger is doing a great job. Do not be perturbed that stock didn't go up after that great quarter."
Finish Line(FINL Quote): "I need you to make the change right now and get into
Nike(NKE Quote), and get out of Finish Line. ... A little
Under Armour(UA Quote) wouldn't be so bad."
Whole Foods(WFMI Quote): I like
Safeway(SWY Quote) in that department. ... Whole Foods too risky."
Caremark(CMX Quote): I think that
CVS(CVS Quote) is going to raise its bid for Caremark. ... If you own Caremark, you will get a higher bid from CVS next week. ... Then you ring the register. You swap out of the Caremark, and then go right into the ESRX (
Express Scripts(ESRX Quote), which Cramer owns for his
Action Alerts PLUS charitable trust.
RBC Bearings(ROLL Quote): "You, my friend, have a winner. The ball-bearing business is a terrific business. ... Great pin action off of most of every piece of machinery that is built in this country."
Avis Budget Group(CAR Quote): "I still think that Avis is good. I also like
Auto Nation(AN Quote)."
IAC/InterActiveCorp(IACI Quote): "Man what a great quarter. Wall Street hated the quarter. I don't know why ... buying back stock hand-over-fist ... I don't know when they're gonna get the respect on Wall Street, but they got it on Main Street. That stock is headed to the mid-40s."
Harley-Davidson(HOG Quote): "The bears are all over it. ... I think at 65 we pull the trigger again. That is a good brand name. It's not expensive."
Home Inns & Hotels (HMIN Quote): "This is a combination of two trends that are unbelievable: budget hotels and China hotels." But Cramer said: "I want you to cut that position in half right now." In other words, take some profits.
IntercontinentalExchange(ICE Quote): "Iceman's darn good, and I got nothing against it. ... I am a big believer in ICE. I like all the exchange stocks, but ICE I'm blessing right here right now."
Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by
clicking here.