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Cramer's 'Mad Money Lightning Round': Have Your CAKE

TheStreet.com Staff

04/02/07 - 07:37 PM EDT
To see the full "Mad Money" Recap, please click here.


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:

Brocade(BRCD): "This is a story about amazing change. ... Because they bought their biggest competitor McData. ... I want you to stick with it. If it goes back to 9, I want you to buy more."

Helmerich & Payne(HP): "There is not a great boom in drilling in the gulf. ... They are not keeping pace with my two faves ... Halliburton(HAL) and Transocean(RIG)" -- which Cramer owns for his Action Alerts PLUS charitable trust -- "... and my runner-up, GlobalSantaFe(GSF), and that stock's headed to 66."

Henry Schein(HSIC): "As money comes out of the drug group, it goes into health care products. ... A terrific stock; if it pulls back, you know what we're doing. BuyBuyBuy."

Cheesecake Factory(CAKE): "I'm kind of tired of going to my Cheesecake and having to wait an hour and half. They should raise the price of a burger a dollar." Cramer says it's undervalued.

Constellation Brands(STZ): "That is a train wreck." Cramer prefers the company of his friends Johnnie Walker, Jose Cuervo and Captain Morgan, all of whom work for Diageo(DEO), which Cramer owns for Action Alerts PLUS.

Amgen(AMGN): Gilead(GILD), Genzyme(GENZ) and then Celgene(CELG) are my biotech stocks for 2007."

Akamai(AKAM): "I think you should not give up the ship. ... Tech is awful. ... Even the exceptions aren't working. ... Akamai is fabulous for making fast videos on the Web. I want to buy Akamai.

Gerdau(GGB): "This is one of the best steel companies in the world. ... When you're thinking about steel, you want to go to Brazil."

LCA-Vision(LCAV): "I don't really care for this stock. I don't care for the laser vision plays. I've never been that good at those; I have to stay away from them. ... I'd rather see you in Allergan(AGN) down here at 110."

Bemis(BMS): "Very difficult-to-get-your-arms-around stock. ... Flexible packaging is not that good a business. I'm still putting it in Don'tBuy."

Global Sources (GSOL): "We've liked this stock on our show. ... It's still up 46% year over year. I'm going to reiterate buy."

*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.


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