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'Mad Money Lightning Round': Go With Hatteras Financial

Scott Rutt

12/08/08 - 07:29 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:

Hatteras Financial : "These mortgage REITs used to be bad, but with the new rules, they actually do quite well. I like their style."

Range Resources : "Give it another day to bounce, then ring the register. They've killed natural gas; it's time to get out."

ProLogis (PLD Quote): "I missed the move in this one, I think it's done. It's time to sell ProLogis."

Network Appliance : "The problem here is that we don't recommend a stock on a takeover basis without good fundamentals and that one doesn't have good fundamentals."

TJX Companies : "I think this is a second-tier player that could bottom here, but in the end I want survivors with a great balance sheet."

Motorola (MOT Quote): "They've got a lot of cash, but let's just say away. There's just nothing good happening at Motorola. I'll send you to Qualcomm (QCOM Quote)."

Boeing (BA Quote): "I think Boeing is up too much and I don't want to buy it until it yields at least 4.5%. I want you to sell, sell, sell for now."

*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.


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