Jim Cramer's Lightning Round
Cramer's 'Mad Money Lightning Round': Molson Coors on Tap
TheStreet.com Staff
05/18/07 - 07:31 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" Friday evening:
Bucyrus International (BUCY - Cramer's Take - Stockpickr): The recent selling of
Caterpillar(CAT - Cramer's Take - Stockpickr), another mining-equipment manufacturer, "is misplaced," said Cramer. "These companies sell 'round the world. ... So I say ... buy BUCY down here."
Amgen (AMGN - Cramer's Take - Stockpickr): "I still think there's another 3 or 4 downside points to Amgen. ... Might I add that I don't like
Johnson & Johnson (JNJ - Cramer's Take - Stockpickr), either. ... I like
Celgene (CELG - Cramer's Take - Stockpickr). ... It's at 64. I think it goes to 74."
Fuel Tech (FTEK - Cramer's Take - Stockpickr): "This is a speculative stock, but it is speculative Friday, so I will endorse it.'
Infineon Technologies (IFX - Cramer's Take - Stockpickr) is one of the "second-rate tech companies," Cramer said. "We recommend
Texas Instruments (TXN - Cramer's Take - Stockpickr) or
Qualcomm (QCOM - Cramer's Take - Stockpickr) ... but we don't like the semiconductor group."
Penn Virginia(PVA - Cramer's Take - Stockpickr): "This is an oil and gas exploratory company, and I like the sector so much ... but I think that it's better to go with the drillers. ... King Hal (
Halliburton(HAL - Cramer's Take - Stockpickr), that's what I want you in." Cramer owns Halliburton for
Action Alerts PLUS, his charitable trust.
Anheuser-Busch (BUD - Cramer's Take - Stockpickr): "They've got real major problems. ... Their numbers are high. ... I'm going to send you to TAP (
Molson Coors(TAP - Cramer's Take - Stockpickr)). ... I prefer
Pepsi(PEP - Cramer's Take - Stockpickr) and
Coke(KO - Cramer's Take - Stockpickr)."
Edison International (EIX - Cramer's Take - Stockpickr): "One of the great utilities. ... It is at a 52-week high. ... Let's take a little off the table and let the rest run."
Comtech Telecommunications (CMTL - Cramer's Take - Stockpickr): "I've been looking at this stock for a long time, and it just goes up and up. ... It escapes me why this stock" keeps going higher, Cramer said. "Ring the register."
Rayonier (RYN - Cramer's Take - Stockpickr): "I'd rather be in
Weyerhaeuser
(WY - Cramer's Take - Stockpickr). ... I'm not gonna jump up and down about it."
Disney (DIS - Cramer's Take - Stockpickr): CEO "Bob Iger has done a remarkable job. I think people who didn't like that quarter, I think they're nuts. ... I'm sticking with Iger. I think the stock is an up stock. ...
McDonald's (MCD - Cramer's Take - Stockpickr) and Disney are my two favorite stocks to buy for kids."
Cramer was also bullish on
Gilead Sciences (GILD - Cramer's Take - Stockpickr),
Textron (TXT - Cramer's Take - Stockpickr),
L-3 Communications (LLL - Cramer's Take - Stockpickr),
Lockheed Martin (LMT - Cramer's Take - Stockpickr) and
Raytheon (RTN - Cramer's Take - Stockpickr).
*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.