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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): "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): Cramer said it just reported a "horrible" quarter.

Sprint Nextel(S): "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): "Part of the driller complex. I have been watching GlobalSantaFe(GSF), Transocean(RIG) and Halliburton(HAL)," 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): "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): Cramer said the company is "all about" returning money to shareholders. "That special dividend plan is brilliant. ... That's a great company."

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

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

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

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

ExpressJet(XJT): "DontBuyDontBuy."

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

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

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

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

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

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

Regal Entertainment(RGC): "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.