Jim Cramer's Lightning Round
Cramer's 'Mad Money Lightning Round': Blockbuster Trade
TheStreet.com Staff
03/07/07 - 07:20 PM EST
To see the full "Mad Money" Recap, please
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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:
MGM Mirage(MGM Quote): "I am concerned because they're moving into China. ... Stock's had a pullback. It's had enough of a pullback. MGM ... works."
Netflix(NFLX Quote): "We have recommended and continued to recommend
Blockbuster(BBI Quote) because they're moving aggressively into Netflix's turf."
Infosys(INFY Quote): "The stock has taken a hit here. Indian outsourcing is a powerful concept that is not going away. ... I want to buy it right here. ... Let's put some on our sheets."
Shutterfly(SFLY Quote): "An OK dot-com. ... I would rather you see you in
Interactive(IACI Quote). ... Has a buyback to end all buybacks at $37."
Tyco(TYC Quote): "The company is worth more than 30 bucks. ... I think you sock some in. But you're gonna have to wait to the split-up."
Steak n Shake(SNS Quote): "I'm gonna go with
Sonic(SONC Quote). ... I'm giving that [Steak n Shake] a distinctive Don'tBuyDon'tBuy."
First Marblehead(FMD Quote): "Interesting at 43. It's had a big run ... let it go back under 40."
Great Plains Energy(GXP Quote): "Got a great wholesale competitive business ... 5% yield ... I would encourage you to stay in it."
Apple(AAPL Quote): "Meandering, buying time. ... This is the time to take risk."
Google(GOOG Quote): "Was up 16 yesterday, come down a little. ... It too like Apple is trying to find its footing." Cramer likes it below 440.
Bank of America(BAC Quote): "Incredibly well run, got a big buyback."
Cramer also was bullish on
Texas Roadhouse (TXRH Quote),
Yahoo! (YHOO Quote) and
eBay (EBAY Quote) and
*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.