Jim Cramer's Lightning Round

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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 - Cramer on SKS - Stock Picks): "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 on GMKT - Stock Picks): Cramer said it just reported a "horrible" quarter.

Sprint Nextel(S Quote - Cramer on S - Stock Picks): "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 - Cramer on GLBL - Stock Picks): "Part of the driller complex. I have been watching GlobalSantaFe(GSF Quote - Cramer on GSF - Stock Picks), Transocean(RIG Quote - Cramer on RIG - Stock Picks) and Halliburton(HAL Quote - Cramer on HAL - Stock Picks)," 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 - Cramer on LOGI - Stock Picks): "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 on DF - Stock Picks): 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 - Cramer on GENZ - Stock Picks): "I think you gotta buy this company. ... Genzyme's good, Celegene's(CELG Quote - Cramer on CELG - Stock Picks) good, Gilead's(GILD Quote - Cramer on GILD - Stock Picks) good. Bring 'em in, bring 'em in."

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

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

Research In Motion(RIMM Quote - Cramer on RIMM - Stock Picks): "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 - Cramer on WLT - Stock Picks): "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 - Cramer on BAX - Stock Picks): "That along with Bard(BCR Quote - Cramer on BCR - Stock Picks) and Becton Dickinson(BDX Quote - Cramer on BDX - Stock Picks) may be the three best medical stocks to play today. ... Baxter's a winner."

ExpressJet(XJT Quote - Cramer on XJT - Stock Picks): "DontBuyDontBuy."

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

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

Bristol-Myers Squibb(BMY Quote - Cramer on BMY - Stock Picks): "Time to sell."

Pioneer Drilling(PDC Quote - Cramer on PDC - Stock Picks): "I do not want to see you in PDC."

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

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

Regal Entertainment(RGC Quote - Cramer on RGC - Stock Picks): "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.