Jim Cramer's Lightning Round
'Mad Money Lightning Round': Ride Millicom International Cellular
TheStreet.com Staff
05/12/08 - 07:10 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" Monday evening:
Millicom International Cellular (MICC Quote): "This is one of my absolute favorite cell companies. You let that one ride my friend. "
Blockbuster (BBI Quote): "There is a company that would be at $5 if it hadn't decided to buy
Circuit City (CC Quote). That's one of the dumbest thing I've ever seen a company do. Dumb, dumb, dumb, dumb."
Diversified Machinery (CKH Quote): "I like that company. It should be at the top of its 52-week range. I'm a buyer of that one."
Intuitive Surgical (ISRG Quote): "I called the top in that. I want you to ring the register. When you have these hot ones, you have to start taking something off the table."
Gerdau S.A (GGB Quote): "That's from Brazil; that stock goes higher. I just think Brazil is so good. I'd buy some more right here."
GeoEye (GEOY Quote): "No, it just blew up. I'm still reeling from just how bad it was. I didn't like the earnings. It's troubled. I don't want to get back into it."
Clearwire (CLWR Quote): "No, no, no, we don't want to be in that thing. Anytime that one spikes, you sell it. "
Circuit City (CC Quote): "I want you to ring the register nine ways to Sunday. I want you to understand this: you need to be out of that stock."
Canadian Natural Resources (CNQ Quote): "This is one of my best calls. It would be a crime against humanity if you didn't take some profits, but let the rest ride."
Jim Cramer writes about all the stock trades in his charitable trust for TheStreet.com in
Action Alerts Plus. Recent stocks he's traded in this account include Schering-Plough(SPG Quote), Yamana Gold(AUY Quote) and Inverness Medical(IMA Quote).
*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.