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

Henry Schein(HSIC Quote): "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 Quote): "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 Quote): "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 Quote), which Cramer owns for Action Alerts PLUS.

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

Akamai(AKAM Quote): "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 Quote): "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 Quote): "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 Quote) down here at 110."

Bemis(BMS Quote): "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 Quote): "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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