Jim Cramer's Lightning Round

Return to Article

Cramer's 'Mad Money Lightning Round': Hey Abbott

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:

Apple(AAPL): "Apple could come down; it shouldn't, because that was a magnificent quarter. In other words, let it come in, but as it comes in, buy some Apple."

Flextronics(FLEX): "I am not a fan of tech here. ... Flextronics makes stuff that goes into a lot of companies that I do like." Cramer said Flextronics and Solectron(SLR) are "way, way overexposed to the downtrend."

Jones Soda(JSDA): "I personally believe that, up $1.50 today, could be an opportunity to schnitzel a little." But below 19, he would get back in.

Ford(F): CEO Alan "Mullally has been not as embraced as I thought he would be after that great quarter. ... I would buy Ford."

Abbott Labs(ABT): "I feel that that quarter was really good but that Abbott had moved up so much in advance. ... Abbott at 55 could be a steal in the drug group. ... Incredibly well run."

Cemex(CX): "I cannot get behind it," because of its housing exposure.

Dawson Geophysical(DWSN): "I am predisposed to like the stock, after the numbers we saw from Hercules Offshore(HERO). ... I want to be careful. Wait to see the number. ... Let this one come in before you buy it."

Level 3(LVLT): "I would buy LVLT right here. ... that quarter was exactly in line. ... LVLT was a victim of its own success. ... speculative stock of the year. ... going to be a great second-half stock. ... I am saying yes to LVLT."

MEMC Electronic Materials(WFR): Cramer said that the solar business of the wafer company is "on fire," but business with semiconductor makers is not. ... "The shareholders were not ready for this disappointment. Don'tBuyDon'tBuy."

*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.