Jim Cramer's Lightning Round
'Mad Money' Lightning Round: WWE's a Winner
TheStreet.com Staff
05/20/08 - 07:19 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 Tuesday evening: World Wrestling Entertainment (WWE Quote - Cramer on WWE - Stock Picks): "They're going a good job and its a great opportunity. I watch the company's dividend and I like it." Waste Management (WMI Quote - Cramer on WMI - Stock Picks): "I think this is a great quality growth stock." IDEXX Laboratories (IDXX Quote - Cramer on IDXX - Stock Picks): "This company is a classic good name that should be bought on dips. It's a long-term theme and I'd stick with it." Tesoro (TSO Quote - Cramer on TSO - Stock Picks): "I think the refining companies are in a tough business. This business could be bad for a very long time. May I recommend Marathon Oil (MRO Quote - Cramer on MRO - Stock Picks) for those who insist on a refining stock." Coca-Cola Enterprises (CCE Quote - Cramer on CCE - Stock Picks): "Why own Coca-cola enterprises when you can own Coca-Cola (KO Quote - Cramer on KO - Stock Picks)? I think Coke at $57 is a great long-term buy." PPL (PPL Quote - Cramer on PPL - Stock Picks): "I like PPL on the fundamentals, let's not own it for the split. I prefer Exelon (EXC Quote - Cramer on EXC - Stock Picks) over PPL, though."
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 - Cramer on SPG - Stock Picks), Yamana Gold(AUY Quote - Cramer on AUY - Stock Picks) and Inverness Medical(IMA Quote - Cramer on IMA - Stock Picks). *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.
