Jim Cramer's Lightning Round
Cramer's 'Mad Money Lightning Round': Fill Up With Yum!
TheStreet.com Staff
10/31/07 - 07:12 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" Wednesday evening:
Oceaneering International (OII): "Listen and listen good, Oceaneering,
Core Labs (CLB) and
FMC (FMC) all went down. ... That is wrong. ... I am telling you right now, FMC, I want you to be big in it. ... And Core Labs is best in show."
Concho Resources (CXO): "These are kind of gas and oil plays. And the ones I'm gonna recommend are
Apache (APA) and
XTO Energy (XTO). Why those two? They've already reported. They reported great quarters. ... I want to be sure, and those you can pull the trigger on, I need to have seen the quarter already."
Axsys Technologies (AXYS): "You know this is another one of the optical segment plays. ... I've gotta tell you, I like
Ciena (CIEN) more. Yours no, Ciena yes."
Schnitzer Steel Industries (SCHN): "It missed the quarter, man. I got too many companies that hit the quarter. I like
Reliance Steel (RS) more than I like yours. I like
AK Steel (AKS) more than I like yours. I like
United States Steel (X). I got three companies I like more than I like yours."
Brookfield Asset Management (BAM): "Here's the deal, BAM is run by a brilliant group of people. This could be the Canadian Warren Buffett. I would urge you to buy more. This company is so smart. ... I think that Mr. Flatt [Managing Partner and Chief Executive Officer Bruce Flatt], who runs the company, will be able to take that strong Canadian dollar and buy more American companies."
Yum! Brands (YUM): "I want you to buy more of it! ... KFC, Taco Bell, Pizza Hut, these are world-class brands. ... I would recommend Yum! at $40 going to $45, raising my price target right there."
Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by
clicking here.