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Jim Cramer's Lightning Round

Cramer's 'Mad Money Lightning Round': Can-Do Costco

TheStreet.com Staff

07/31/07 - 07:35 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" Tuesday evening:

First Solar (FSLR): "We had a really big run in First Solar, but after the close, they reported what was just an in-line number." In any case, Cramer said he was feeling greedy and gave First Solar a SellSellSell. "We must not be pigs."

Alcatel-Lucent (ALU): "Patricia is on the Wall of Shame!" Cramer said, referring to his list of CEOs who are bringing their companies down. "Once again, I tell you that as long as she's running that company, despite a fabulous bull market in communications equipment, that remains SellSellSell!"

FactSet Research Systems (FDS): "I think this is a natural to be snapped up by someone."

"Dynegy (DYN) has come in. A lot of people are thinking it's speculative. ... That company is worth on a breakup value a lot more. ... I'm not backing away from Dynegy. I think it's a buy, but this is a scary market."

Brocade Communications (BRCD): "My take is this: Brocade is being unfairly beaten up. It's just not that bad. But I gotta tell you, if you're going to be in that sector, Brocade goes up against Cisco (CSCO), and Cisco is my favorite play in that group."

Indevus Pharmaceuticals (IDEV): "We've been behind Indevus. We think that that is a great spec play, and it's only a buck off its high, but we continue to like it very much."

Costco (COST): "I think that Costco is a buy. It's my favorite retailer. It's literally my favorite retailer in a group that everyone knows I cannot stand."

Acergy (ACGY): "Another one of these small drilling service companies. ... It's good! When you get a stock like Acergy, you just have to ride it. Don't worry about the minute to minute. ... This stuff will start coming back."

CF Industries (CF): "Let's be very clear. I like the ag market. Mosaic (MOS) had a terrific quarter. Your play is good. ... But I've been too greedy. Let's ring a little register on the ag bull market. ... I want you to stick with ag, but I want you to take some profits."

Cramer was also bullish on EMC (IDEV), Agrium (AGU) and Potash (POT). He was bearish on General Cable (BGC) and Buffalo Wild Wings (BWLD).

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