Jim Cramer's Lightning Round

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

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:

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.