Jim Cramer's Lightning Round
'Mad Money Lightning Round': Con Ed Is a Steal
TheStreet.com Staff
06/30/08 - 07:36 PM EDT
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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" Monday evening:
Consolidated Edison (ED Quote): "ConEd at this price is a travesty. ConEd below $40 is an extreme buy. I want to stick with it."
Visa (V Quote): "The money's been made in Visa. We don't need to go back. I like
Mastercard (MA Quote) more than Visa and I'm not looking back."
Tata Motors (TTM Quote): "Tata for now. We've been staying away from that stock for awhile. We don't want anything in India. If you want Indian exposure, look at
Accenture (ACN Quote)"
ingli Green Energy (YGE Quote): "I've told people to stay away from this company. This is absolutely not for my viewers."
BJ's Restaurants (BJRI Quote): "No, this restaurant game has gotten impossible. I say no to the restaurants. We're not going for stocks levered to consumer spending."
Rex Energy (REXX Quote): "They're drilling like mad in the Marcellus shale region. I want to stay in REXX. They're speculative though, so conservatively you can look at
Chesapeake Energy (CHK Quote)"
Canadian Solar (CSIQ Quote): "We don't care where a stock has been, only where it's going and the answer is down. I've endorsed
Applied Materials (AMAT Quote) or
First Solar (FSLR Quote) and that's it."
American Oriental (AOB Quote): "I've been consistently negative on this one. I don't want to own it. This is one of the Chinese stocks I wish would go away. You don't want to own this one."
*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.