Jim Cramer's Lightning Round

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Cramer's 'Mad Money Lightning Round': Jones Soda Has Pop

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" Wednesday evening:

JPMorgan Chase(JPM Quote): "At 47 bucks, nice 9% pullback probably worth buying." But Bank of America (BAC Quote) has a better yield at 4%, Cramer said. He also said he's been too soft on Citigroup(C Quote) and its embattled CEO Chuck Prince.

Jones Soda(JSDA Quote): "This stock should pull back. ... we recommended it at 8 ... 14 ... it went to 22. ... I don't think it quits ... goes below 20, then you do a little buy."

Accuray(ARAY Quote): "This company reminds me very much of Intuitive Surgical(ISRG Quote) ... I want you to stick with Accuray."

NeuStar(NSR Quote): "This is a bleed-off business ... this one has 23% growth yet it's down 9 straight points and 6% for the year. ... Let me do more work before I write this one off."

Harsco (HSC Quote): "Quintessential great industrial manufacturing company, not unlike Cummins Engine (CMI Quote) ... Parker-Hannifin(PH Quote) ... only a dollar off its high, but look how it's held up."

Lamson & Sessions(LMS Quote): "Not worried about the earnings, and the P/E is very low. Continue to buy."

VeriFone Holdings(PAY Quote): "I think that PAY, which is linked to retail, is a fabulous stock ... surprised it's come down this much from its high. ... I actually want to load up the truck* here with PAY."

Charter Communciations(CHTR Quote): "This is a play on what I regard as ... the virtuous circle of being able to refinance ... this is a company that will not go down. ... The stock is giving off the signals that the refinance isn't going to work. That's wrong. Charter's business is good."

Valero Energy(VLO Quote): "Beginning to think that Valero's had its run ... in the low 50s. ... I like the company but I want to sell the stock."

Six Flags(SIX Quote) and Disney(DIS Quote): [Six Flags is] "a speculative stock. ... I don't put that in the same league as Disney. ... Disney has superior management. [Disney] pulled back a dollar and a half," and Cramer said he would pull the trigger on Disney.

Cramer also was bullish on Caterpillar (CAT Quote), Terex (TEX Quote), Comcast (CMCSA Quote), Time Warner (TWX Quote) and Allegheny Technologies (ATI Quote)

*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.