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'Mad Money Lightning Round': Sociedad Quimica Rocks

TheStreet.com Staff

06/13/08 - 07:38 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" Friday evening:

Sociedad Quimica (SQM): "SQM rocks! They've got exposure to batteries and they're also in fertilizer. They're a win and I want in."

US Bancorp (USB): "I stand corrected. This one is a good regional bank and I want to pull the trigger in this oversold market."

Barrick Gold (ABX): "Not my favorite in the group, I'd prefer Agnico-Eagle Mines (AEM) over that one for its faster growth. And of course there's Yamana Gold (AUY) which I like under $14."

Otter Tail (OTTR): "This one's got wind power. You don't want to get rid of this one. Have some horse sense and stay in it."

Northrop Grumman (NOC): "You have to buy this one. Obama likes defense too and I feel very strongly that this one's a buy here."

EMC (EMC): "It's acting poorly and it's driving me crazy. But in six months EMC will be allow to sell its shares of VMware (VMW) and then you'll start to see the value come out."

Winnebago Industries (WGO): "This one's just too tough here -- it uses too much gasoline. I cannot touch this one."

Corn Products International (CPO): "Ring the register. At $40 you want to take profits. I don't want to touch it."

Starwood Hotels & Resorts (HOT): "No, that's a hotel and we're not into hotels with gas prices this high. We're getting out of that game and we're not going to touch that one, either."

AK Steel Holding (AKS): "This stock is cheap, so are Reliance Steel (RS) and United States Steel (X), and the cheapest of all is Nucor (NUE) I want to own Nucor."

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

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