Jim Cramer's Lightning Round
Cramer's 'Mad Money Lightning Round': Time for General Maritime
TheStreet.com Staff
02/23/07 - 07:17 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:
Oilsands Quest (BQI): "You're gonna have to go with
Suncor(SU) or
EnCana(ECA)."
Cellcom Israel(CEL): "Too dicey ... you got
Verizon(VZ) ...
AT&T(T) selling cheap. Don't look back. Pull the trigger to exit and go into one of my two."
"
Hewlett-Packard(HPQ) was a good quarter. The guidance was good. Mark Hurd has done a good job. I am telling you to back up the truck Hewlett right here at 40." Cramer owns it for his
Action Alerts PLUS charitable trust.
Vasco Data Security(VDSI): "A data security company that looks so much like every other one that has been taken over. I would buy it, but not with reckless abandon."
PetroHawk Energy(HAWK): "Been a punching bag because of that natural gas exposure. ... I would swap out of the Hawk and move into
Devon(DVN) ... has that great Gulf of Mexico find and is up only 4 points since it was announced."
Arch Coal(ACI): "Up 10% since I recommend it on "Stop Trading" (on
CNBC). ... I also like BTU,
Peabody(BTU)."
Frontline(FRO): Cramer instead offered
General Maritime(GMR), "one of the great companies ... management knows what it's doing."
Prudential(PRU): "It has been found money ... stick with it. Going to par."
Tronox(TRX): "I don't like TRX, too commodified."
Quest Diagnostics(DGX): "People think the margins are bad. ... That quarter is going to be good. ... the stock is cheap. I would buy, buy, buy. Don't be dissuaded by the bears." Cramer owns it for Action Alerts PLUS.
*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.