Jim Cramer's Lightning Round

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

TheStreet.com Staff

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

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

Cheesecake Factory(CAKE): "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): "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) is much better."

China Mobile(CHL): "I said China Mobile and Baidu.com (BIDU) are both plays to work. ... I still like Baidu. I still like China Mobile."

VF Corp.(VFC): "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): "Refining stocks have come down a lot. ... I think that means you should be in Valero(VLO). I am not coming down the food chain to Western. I'd rather own Valero. I'd rather own Sunoco(SUN)."

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

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

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

Marvell(MRVL): "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): "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): "That is one of the worst of the mining companies. I like Barrick(ABX), I like Yamana(AUY). And if you really need silver, I'm sending you to Pan American Silver (PAAS)."

DivX (DIVX):"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): "I said take profits. I want the stock lower. ... GameStop under 55, I'm gonna pull the trigger."

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

Haynes (HAYN): "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), Ford (F), Marathon (MRO), Electronic Arts (ERTS) and Activision (ATVI).

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