Jim Cramer's Lightning Round
'Mad Money Lightning Round': Start Unloading Chesapeake Energy
Scott Rutt
12/01/08 - 07:57 PM EST
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:
Chesapeake Energy : "Start selling. This one has gone from one of the best
to one of the worst natural gas companies. I like
Anadarko
Petroleum (APC Quote)."
Genzyme (GENZ Quote):
"I can't believe how much this one got slammed today. This is one you
buy into on the way down. I'm a buyer of Genzyme right here."
Goldman Sachs : "Everyone's worried about their quarter. I think they
lose $5 a share. But the stock is priced a lot lower. I'm a buyer
after they report."
Emergent BioSolutions : "No, that's too speculative for this market. I only
like the recession-resistant and accidental high yield stocks right
here."
Oshkosh Truck : "No, that's way too aggressive. I'm sorry, I don't
like that one."
United States Steel : "I think it's a travesty that this stock is down this
much. I know steel is in a serious recession, so it might take 18
months, but I'm a buyer."
*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.