Jim Cramer's Lightning Round
'Mad Money Lightning Round': Ebay Is in Trouble
Scott Rutt
09/03/08 - 07:27 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" Wednesday evening:
eBay (EBAY Quote): "no, no, no. Volume is declining and I can't get behind it. That one is trouble."
Yamana Gold (AUY Quote): "They missed the quarter and I cannot venture into that one. I'd go with
Agnico-Eagle Mines (AEM Quote) if I had to invest in gold."
Research In Motion (RIMM Quote): "Over done to the downside. I am not buying into the negativity. I'd rather own tech than sell tech."
Molson Coors (TAP Quote): "I like TAP. The raw costs have come down. I want to buy this one."
ADC Telecommunications (ADCT Quote): "Inexpensive stock, but I do not like telco. It's too hard. Some stocks are just too hard to own and that's one of them."
MGM Mirage (MGM Quote): "Cha-ching, cha-ching. We have too many casinos; the margins are horrible. I said to sell the casinos and I'm sticking with it."
Sociedad Quimica (SQM Quote): "I've been killed in this one. I think you're going to have to take some pain in this one. I think it'll come back, but its going to be a long road."
Eagle Bulk Shipping (EGLE Quote): "No, I'm sticking with
Frontline (FRO Quote) and that's it. "
Red Hat (RHT Quote): "I think their CEO tells a good tale. I like Red Hat. "
CVS Caremark (CVS Quote): "I think retail is a major buy, but CVS is not my favorite. We're in an early cycle rally and retail works."
*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.