Jim Cramer's Lightning Round

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Cramer's 'Mad Money Lightning Round': BigBand Era

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" Monday evening:

Helix Energy(HLX): "You're a man who likes drilling, and I respect that. ... I am going to reiterate that the driller of the year is RIG, Transocean(RIG)," which Cramer owns for his Action Alerts PLUS charitable trust. "I say swap out of Helix and get into Transcoean."

Washington Mutual(WM): "In the end, Washington Mutual has bigger risk and bigger reward. ... I am a believer that there is not a mortgage meltdown ... but a mortgage hangnail. ... But Bank of America(BAC) is best of breed."

Thermo Fisher Scientific (TMO): "That is the arms merchant to biotech. ... I am in favor of it."

Western Union(WU): "This company is now on all cylinders."

Best Buy(BBY): "I know this stock has been a dog. ... I think Best Buy in the end wins it all. Stay long."

Northern Orion(NTO): "A copper and gold producer; I think it's interesting. ... Lundin Mining(LMC) ... is better than your stock. I would rather see you in that stock at 11, a dollar and a half below its high. ... And I say back up the truck* LMC."

BigBand Networks(BBND): "One of my favorite new IPOs. I say hold on to it."

Cisco(CSCO): "Many people are taking shots at it ... they are all wrong. It's the best networker in the game, and I think it has a big upside. ... BuyBuyBuy."

*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.