Jim Cramer's Lightning Round

Cramer's 'Mad Money Lightning Round': Watch the Sun Micro Rise

TheStreet.com Staff

09/28/07 - 08:26 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:

Sun Microsystems(JAVA Quote - Cramer on JAVA - Stock Picks): "I like JAVA. I think it's turned the corner. I believe this is a slow grower, but it's still too cheap. I want you to ride JAVA to six and a quarter."

Potash(POT Quote - Cramer on POT - Stock Picks): "Someone spiked that stock at the end of the day. It was up a dollar. I'll give you my order: Agrium(AGU Quote - Cramer on AGU - Stock Picks), Mosaic(MOS Quote - Cramer on MOS - Stock Picks), then and only then is it your play [Potash] on fertilizer. Potash has moved too much."

Nuance Communications(NUAN Quote - Cramer on NUAN - Stock Picks): "I am not a speech-recognition guy. I've lost too much money in that group. ... Don'tBuyDon'tBuy."

Cheesecake Factory(CAKE Quote - Cramer on CAKE - Stock Picks): "I don't understand Cheesecake Factory. It's too cheap. They ought to raise their prices. ... The stock doesn't move. But I'm not giving up on it yet."

Rite Aid(RAD Quote - Cramer on RAD - Stock Picks): "I am giving [Rite Aid chairman, president and CEO] Mary Sammons one more quarter. ... That was brutal ... I feel it's become very unrequited. I am unhappy. I am giving everyone one more strike, but after that it's SellSellSell. CVS(CVS Quote - Cramer on CVS - Stock Picks) is much better."

China Mobile(CHL Quote - Cramer on CHL - Stock Picks): "I said China Mobile and Baidu.com (BIDU Quote - Cramer on BIDU - Stock Picks) are both plays to work. ... I still like Baidu. I still like China Mobile."

VF Corp.(VFC Quote - Cramer on VFC - Stock Picks): "I think that this is one of the better names in the group. I'm not moving away from Mackey [Mackey J. McDonald, Chairman and CEO]. I'm giving him the benefit of the doubt."

Western Refining(WNR Quote - Cramer on WNR - Stock Picks): "Refining stocks have come down a lot. ... I think that means you should be in Valero(VLO Quote - Cramer on VLO - Stock Picks). I am not coming down the food chain to Western. I'd rather own Valero. I'd rather own Sunoco(SUN Quote - Cramer on SUN - Stock Picks)."

Energy Conversion Devices(ENER Quote - Cramer on ENER - Stock Picks): "You got a loser there. The only one in the alternative energy field I'm endorsing is First Solar(FSLR Quote - Cramer on FSLR - Stock Picks)."

Lockheed Martin(LMT Quote - Cramer on LMT - Stock Picks): "Yesterday I'm jumping up and down ... LMT announces a gigunda buyback. ... Everyone yawns. Stop yawning, start buying. Lockheed is going higher."

Starbucks(SBUX Quote - Cramer on SBUX - Stock Picks): "They're moving in a lot of food. The margins for food are bad. ... I think Starbucks is a Don'tBuyDon'tBuy."

Marvell(MRVL Quote - Cramer on MRVL - Stock Picks): "Eh! Man, I'll tell you something. How much money have I lost on that one? That one is off the rails. It's off the reservation. I don't want that anywhere near Cramerica. That one is toxic."

First Horizon National(FHN Quote - Cramer on FHN - Stock Picks): "Cheap bank stock. Very cheap bank stock. I like that. ... I think I would like to buy First Horizon. But I would like to see two more rate cuts first."

Coeur d'Alene Mines(CDE Quote - Cramer on CDE - Stock Picks): "That is one of the worst of the mining companies. I like Barrick(ABX Quote - Cramer on ABX - Stock Picks), I like Yamana(AUY Quote - Cramer on AUY - Stock Picks). And if you really need silver, I'm sending you to Pan American Silver (PAAS Quote - Cramer on PAAS - Stock Picks)."

DivX (DIVX Quote - Cramer on DIVX - Stock Picks):"Ixnay on the Divx. Come on, man, we bought it in the teens, we sold it in the 20s. Now it's all the way back. Don'tBuyDon'tBuy."

GameStop (GME Quote - Cramer on GME - Stock Picks): "I said take profits. I want the stock lower. ... GameStop under 55, I'm gonna pull the trigger."

Exxon Mobil (XOM Quote - Cramer on XOM - Stock Picks): "We couldn't take it anymore. In the high 60s and low 70s, we couldn't take it anymore."

Haynes (HAYN Quote - Cramer on HAYN - Stock Picks): "I don't like that. I don't like that. I should have rung the register in Haynes. I think Haynes is played out. We made the money. I don't want to stick with Haynes."

Cramer was also bullish on General Motors (GM Quote - Cramer on GM - Stock Picks), Ford (F Quote - Cramer on F - Stock Picks), Marathon (MRO Quote - Cramer on MRO - Stock Picks), Electronic Arts (ERTS Quote - Cramer on ERTS - Stock Picks) and Activision (ATVI Quote - Cramer on ATVI - Stock Picks).

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