Jim Cramer's Lightning Round

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Cramer's 'Mad Money Lightning Round': Time for General Maritime

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" Friday evening:

Oilsands Quest (BQI Quote): "You're gonna have to go with Suncor(SU Quote) or EnCana(ECA Quote)."

Cellcom Israel(CEL Quote): "Too dicey ... you got Verizon(VZ Quote) ... AT&T(T Quote) selling cheap. Don't look back. Pull the trigger to exit and go into one of my two."

"Hewlett-Packard(HPQ Quote) 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 Quote): "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 Quote): "Been a punching bag because of that natural gas exposure. ... I would swap out of the Hawk and move into Devon(DVN Quote) ... has that great Gulf of Mexico find and is up only 4 points since it was announced."

Arch Coal(ACI Quote): "Up 10% since I recommend it on "Stop Trading" (on CNBC). ... I also like BTU, Peabody(BTU Quote)."

Frontline(FRO Quote): Cramer instead offered General Maritime(GMR Quote), "one of the great companies ... management knows what it's doing."

Prudential(PRU Quote): "It has been found money ... stick with it. Going to par."

Tronox(TRX Quote): "I don't like TRX, too commodified."

Quest Diagnostics(DGX Quote): "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.

1 What would best describe your stance heading into the coming week of trading? Bullish Bearish Neutral 2 Which of these sectors do you think is set to move up in the coming week? --Choose One--Aerospace and DefenseAirlinesAutomobilesBeverages and Food ProductsBiotechnologyCommercial BanksComputers and PeripheralsConsumer NondurablesEnergy Equipment & ServicesHMOs and HospitalsHomebuildingInsuranceIntegrated OilInternet, Software ServicesInvestment Bankers and BrokersMediaMultiline RetailPharmaceuticalsPrecious MetalsSemis, Semi EquipmentTelecom EquipmentTobacco and AlcoholWireless CommunicationsUtilities 3 Which of these sectors do you think is set to move down in the coming week? --Choose One--Aerospace and DefenseAirlinesAutomobilesBeverages and Food ProductsBiotechnologyCommercial BanksComputers and PeripheralsConsumer NondurablesEnergy Equipment & ServicesHMOs and HospitalsHomebuildingInsuranceIntegrated OilInternet, Software ServicesInvestment Bankers and BrokersMediaMultiline RetailPharmaceuticalsPrecious MetalsSemis, Semi EquipmentTelecom EquipmentTobacco and AlcoholWireless CommunicationsUtilities View the results without voting