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

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

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

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

VeriFone Holdings(PAY): "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): "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): "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) and Disney(DIS): [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), Terex (TEX), Comcast (CMCSA), Time Warner (TWX) and Allegheny Technologies (ATI)

*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.