Jim Cramer's Lightning Round
Cramer's 'Mad Money Lightning Round': Whole Foods Too Rich
TheStreet.com Staff
08/24/07 - 07:47 PM EDT
To see the full "Mad Money" Recap, please
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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:
Goldman Sachs (GS - Cramer's Take - Stockpickr): "I think that Goldman Sachs has been bottoming between $160 and $175. I have tremendous faith that that bottom is going to hold. If it goes back down there, I want you to buy." Cramer said CEO Lloyd Blankfein is "a great man, and I am trusting him to deliver a great number next year." Cramer owns Goldman Sachs for his charitable trust,
Action Alerts PLUS.
OraSure Technologies (OSUR - Cramer's Take - Stockpickr): "Too risky. ... A not-great diagnostic play. ... I've got
Inverness Med (IMA - Cramer's Take - Stockpickr), which is down 10 points. Nobody likes it. ... I've been buying it for the trust. I say swap out of your OraSure and get into my Inverness."
Whole Foods Market (WFMI - Cramer's Take - Stockpickr): "I am very pro the merger. I am not pro the valuation. The stock is too rich. ... On 'Mad Money,' we never buy stocks with price-to-earnings multiples that are twice the growth rate."
Deutsche Telekom (DT - Cramer's Take - Stockpickr): "I wish that I had pulled the trigger at $15. I felt that it was so right. ... So I missed a couple of smackers. It's got a 5% yield. Is it doing well? No, but ... it'll take off. I like
Vodafone (VOD - Cramer's Take - Stockpickr) more."
Lan Airlines (LFL - Cramer's Take - Stockpickr): "I'd rather be in a Chilean airline pretty much than any other place in the world. ... The problem is, I don't like airlines."
Garmin (GRMN - Cramer's Take - Stockpickr): "Garmin can go to $120.
Apple (AAPL - Cramer's Take - Stockpickr) can go to $150.
Google's (GOOG - Cramer's Take - Stockpickr) going to $550.
Research In Motion's (RIMM - Cramer's Take - Stockpickr) going all the way back to par, and your stock -- you hold on to it."
Cramer was also bullish on
Schlumberger (SLB - Cramer's Take - Stockpickr),
Exxon Mobil (XOM - Cramer's Take - Stockpickr),
XTO Energy (XTO - Cramer's Take - Stockpickr),
Halliburton (HAL - Cramer's Take - Stockpickr),
Transocean (RIG - Cramer's Take - Stockpickr),
Crocs (CROX - Cramer's Take - Stockpickr),
GameStop (GME - Cramer's Take - Stockpickr),
Electronic Arts (ERTS - Cramer's Take - Stockpickr) and
Activision (ATVI - Cramer's Take - Stockpickr).
Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by
clicking here.