Jim Cramer's Lightning Round

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Cramer's 'Mad Money Lightning Round': Corning Kicking

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" Thursday evening:

"China Mobile(CHL - Cramer's Take - Stockpickr), Baidu(BIDU - Cramer's Take - Stockpickr), Focus Media(FMCN - Cramer's Take - Stockpickr) and PetroChina(PTR - Cramer's Take - Stockpickr), are indeed the Four Horsemen of China. ... I still like China and I like your pick. I would pull the trigger right now."

Tidewater(TDW - Cramer's Take - Stockpickr): "Just not a great driller ... our favorite remains Transocean(RIG - Cramer's Take - Stockpickr)," which Cramer owns for his Action Alerts PLUS charitable trust. ... "We also like Schlumberger(SLB - Cramer's Take - Stockpickr), Halliburton(HAL - Cramer's Take - Stockpickr) ... FMC Technologies(FTI - Cramer's Take - Stockpickr), Core Labs(CLB - Cramer's Take - Stockpickr), Oceaneering International(OII - Cramer's Take - Stockpickr). ... "If you can't find one among those, then you gotta change the channel."

"Qualcomm(QCOM - Cramer's Take - Stockpickr) is basically a law firm ... they do nothing but fight in lawsuits. ... That thing is a SellSellSell."

Corning(GLW - Cramer's Take - Stockpickr): "This is an amazing stock. ... part of the now-hated tech cohort. ... Corning has got the best glass for TVs ... the stock should be bought. Under 23, it is a screaming buy." Cramer owns it for his Action Alerts PLUS.

Orion Energy Systems(OESX - Cramer's Take - Stockpickr): "When I think about energy, I think about natural gas." Cramer prefers Ultra Petroleum(UPL - Cramer's Take - Stockpickr).

Petrobras(PBR - Cramer's Take - Stockpickr): "You should buy this stock. ... I like Brazil so much. ... they are absolutely on fire. Their currency is fantastic. And that stock is what you should be in."

Pacer(PACR - Cramer's Take - Stockpickr): "Logistics is very tricky after what happened with Yellow Freight and UPS(UPS - Cramer's Take - Stockpickr)."

Air Products and Chemicals(APD - Cramer's Take - Stockpickr): "I like Air Products so much. ... That stock is smokin', smokin', smokin'."

AXA(AXA - Cramer's Take - Stockpickr): "If you're gonna own a financial and it's a broker, Goldman(GS - Cramer's Take - Stockpickr), and if it's a bank, Hudson City(HCBK - Cramer's Take - Stockpickr)."

Siemens(SI - Cramer's Take - Stockpickr): "One of my absolute favorite stocks. It's a keeper." Cramer also likes BASF and Unilever(UL - Cramer's Take - Stockpickr).

*For all you home-gamers, a 'mon-back opportunity means Cramer would back up the figurative truck and load up on a stock.

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