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Cramer's 'Mad Money Lightning Round': Saks Appeal

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" Thursday evening:

Saks(SKS Quote): "The company is en fuego. This is one of my favorite situations. ... Saks I think is going up 4 or 5 more points."

Gmarket(GMKT Quote): Cramer said it just reported a "horrible" quarter.

Sprint Nextel(S Quote): "I was impressed about that last quarter ... really felt the company had lost its way [before that]. They blew away the numbers. ... This company is doing everything right. I think Sprint is now a BuyBuyBuy, particularly under 20. That stock could go much higher."

Global Industries(GLBL Quote): "Part of the driller complex. I have been watching GlobalSantaFe(GSF Quote), Transocean(RIG Quote) and Halliburton(HAL Quote)," the latter two Cramer has in his Action Alerts PLUS charitable trust. Cramer said he would swap out of Global Industries and go into one of the three he mentioned.

Logitech(LOGI Quote): "I'm surprised this stock isn't doing better ... [although] they did miss the quarter. I think the stock is a buy. I'm not backing way from Logitech."

Dean Foods(DF Quote): Cramer said the company is "all about" returning money to shareholders. "That special dividend plan is brilliant. ... That's a great company."

Genzyme(GENZ Quote): "I think you gotta buy this company. ... Genzyme's good, Celegene's(CELG Quote) good, Gilead's(GILD Quote) good. Bring 'em in, bring 'em in."

RF Micro Devices(RFMD Quote): "I would SellSellSell, and when it comes in, back to 6, that's when you pull the trigger."

Acorda Therapeutics(ACOR Quote): "A very speculative stock. I'm reluctant to recommend it with a lot of the great biotech trading down."

Research In Motion(RIMM Quote): "I do think that RIM is a good place to be, not a great place to be. ... I can't recommend here. One of the few tech stocks that haven't come down enough to pull the trigger."

Walter Industries(WLT Quote): "That stock is an inexpensive stock. ... Too darn hard to understand. But I'm not backing away. There's a lot of value."

Baxter(BAX Quote): "That along with Bard(BCR Quote) and Becton Dickinson(BDX Quote) may be the three best medical stocks to play today. ... Baxter's a winner."

ExpressJet(XJT Quote): "DontBuyDontBuy."

MasterCard(MA Quote): "You need to buy more MasterCard. I would pull the trigger multiple times."

Emerson Electric(EMR Quote): "One of the best-run manufacturers in the country." Cramer also likes Parker Hannifin(PH Quote) and Illinois Tool Works(ITW Quote).

Bristol-Myers Squibb(BMY Quote): "Time to sell."

Pioneer Drilling(PDC Quote): "I do not want to see you in PDC."

Take-Two(TTWO Quote): Cramer sees nothing to the core business.

Vail Resorts(MTN Quote): "It's had a big run. ... That's a good stock on a pullback. I would have to BuyBuyBuy."

Regal Entertainment(RGC Quote): "These cinema companies are good. ... This one's got a nice dividend."

*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.