Jim Cramer's Lightning Round

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Cramer's 'Mad Money Lightning Round': GlobalSantaFe's Got It Made

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:

TD Ameritrade(AMTD Quote): "Is it my favorite broker? No." That would be Goldman Sachs(GS Quote), which Cramer owns for his Action Alerts PLUS charitable trust. But Cramer said some people don't want a stock that pricey. He said he will sanction buying Ameritrade at 14.

Virgin Media(VMED Quote): "This company's in transition. ... This looks a lot like what happened with Comcast(CMCSA Quote) before its run" and with Charter(CHTR Quote). I am sticking with Virgin Media."

GlobalSantaFe(GSF Quote): "As each contract rolls over, they get a higher price. ... All the rigs are spoken for." Cramer said the stock is "too cheap. I want to buy it here."

Qualcomm(QCOM Quote): "Was worried they were being too litigious. ... If that stock gets back to 37, all the risk will be in, and I'll pull the trigger."

"Six Flags(SIX Quote) is a good stock." Cramer said it's a company that does well when interest rates go lower.

Aqua America(WTR Quote): "I've not liked this stock ... I used to like it for its safety. ... If it got to 18, I would probably look at it."

Exxon Mobil(XOM Quote): "Way overdone ... down 9 straight points, fantastic balance sheet, can raise the dividend, buying back stocks. Pull the trigger at Exxon."

Rite Aid(RAD Quote): "They could also refinance their balance sheet. Mary Sammons [CEO] ... doing a fabulous job. ... I want to buy more Rite Aid right here. ... That's also recession-proof."

Syntax-Brillian(BRLC Quote): "Downer. Liquid crystal displays. ... What we're gonna do is we're gonna buy Corning(GLW Quote)."

*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.