Try Jim Cramer's Action Alerts PLUS
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 Quote): "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 Quote): "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 Quote): "I think this is a natural to be snapped up by someone."

"Dynegy (DYN Quote) 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 Quote): "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 Quote), and Cisco is my favorite play in that group."

Indevus Pharmaceuticals (IDEV Quote): "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 Quote): "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 Quote): "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 Quote): "Let's be very clear. I like the ag market. Mosaic (MOS Quote) 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 Quote), Agrium (AGU Quote) and Potash (POT Quote). He was bearish on General Cable (BGC Quote) and Buffalo Wild Wings (BWLD Quote).

Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here.


Brokerage Partners