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Cramer's 'Mad Money Lightning Round': Confident in Comcast

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" Wednesday evening:

Jefferies(JEF Quote - Cramer on JEF - Stock Picks): "They missed the quarter really badly," which Cramer said wasn't fortuitous when many other brokerages did well. "I'm putting that solidly in the Don'tBuy camp."

Harley-Davidson(HOG Quote - Cramer on HOG - Stock Picks): "That stock was a bummer, too. They missed the quarter. They've become the punching bag of the shorts. ... Don'tBuyDon'tBuy."

Comcast(CMCSA Quote - Cramer on CMCSA - Stock Picks): Because CEO Brian Roberts said the company has to increase the money it's spending to meet customer needs, some on Wall Street are frowning on the stock. But Cramer said: "I bank with Brian Roberts and his dad. I think Comcast is done going down. Pull the trigger multiple times."

Fastenal(FAST Quote - Cramer on FAST - Stock Picks): "You got [a company at] a 52-week low that frankly I don't like." Cramer said he's a tough customer in this post-416-[points]-down environment. "Don'tBuyDon'tBuy."

Melco PBL Entertainment(MPEL Quote - Cramer on MPEL - Stock Picks): "I have been saying back up the truck* on this MPEL down here. I don't want to back away from that. If it goes to back to 18, 19, we're going to have re-evaluate it. ... I'm torn on it."

Taiwan Semiconductor(TSM Quote - Cramer on TSM - Stock Picks): "Doing incredibly well ... at its 52-week high ... take some money off the table."

Fuel Tech(FTEK Quote - Cramer on FTEK - Stock Picks): "One of the few companies in alternative energy that is actually making money.. ... I like that. Fuel Tech, pull the trigger. Get back in."

American Tower(AMT Quote - Cramer on AMT - Stock Picks): "We love cell-tower companies. Just a good, steady business. ... The cell-phone business in general is a bad business, but the tower business is a good business ... great generator of cash."

Intuitive Surgical(ISRG Quote - Cramer on ISRG - Stock Picks): Cramer said Intuitive, Akamai(AKAM Quote - Cramer on AKAM - Stock Picks) and Hologic(HOLX Quote - Cramer on HOLX - Stock Picks) are three high-growth stocks that the "momentum crowd" is going to gravitate to.

*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.