Jim Cramer's Lightning Round
Cramer's 'Mad Money Lightning Round': High Inergy
TheStreet.com Staff
04/05/07 - 07:53 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" Thursday evening:
Geron(GERN): "Way too speculative for me. Why buy ... when
Celgene(CELG) has got less risk and more reward?"
Level 3(LVLT): "Using incredibly low rates on 10-year ... refinancing, using equity instead of debt. ... I'm telling you to back up the truck* at 6 smackers."
FuelCell(FCEL): "You know I'm not a fan. I gotta give you the old bear. ... There is only one alternative play that we have endorsed. It's the hottest, it's the best, it's
First Solar(FSLR)."
Acadia Pharmaceuticals(ACAD): "I think the stock goes higher. I am not going to recommend it though because the deal would be so much greater if you were in on it [the recent offering priced at $15.50]."
Saks(SKS): "I would buy the stock. I like
VF Corp.(VFC), I like
J.C. Penney(JCP), I like
Ralph Lauren(RL)."
Inergy(NRGY): "Actually higher-yielding than
Kinder Morgan(KMI) ... wholesale distribution business generates a huge amount of cash flow."
Monster(MNST): "Clear and utter miss. ... Has Monster lost its edge? I think that a newspaper conglomerate could buy Monster. But they won't pull the trigger because they're too backward-looking."
American Tower(AMT): "I reiterate my buy on American Tower, and anyone who wants to see a great cash-flow business, look at the cell-phone tower business."
Vaalco Energy(EGY): "At 5 bucks I like it ." But Cramer said "this is speculative" so you need to be cautious.
Walgreen(WAG): "A consistent slow grower. ... I think Walgreen has to buy
Express Scripts(ESRX) (which Cramer owns for his
Action Alerts PLUS charitable trust) to keep up with
CVS(CVS) and
Caremark(CMX).
Energy Partners(EPL): "I'd rather see you in virtually any international oil company."
Cramer also was bullish on
Exxon Mobil (XOM),
Transocean (RIG) and
GlobalSantaFe (GSF).
Cramer was bearish on
Harley-Davidson(HOG) and
FuelCell Energy (FCEL).
*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.