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Jim Cramer's Lightning Round

'Mad Money Lightning Round': Big Blue Looking Good

Scott Rutt

12/10/08 - 07:55 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" Wednesday evening:

International Business Machines : "I want to own IBM. I think they've done a lot of good things over there. I think this stock could see $92 a share by the end of the year. "

Nokia (NOK Quote): "You may have to wait 18 months to see the next move in Nokia. I'd hold onto it, but I wouldn't buy more."

AutoZone (AZO Quote): "This is an intriguing name. The stock has had a ramp here. I've been recommending Monro Muffler in the auto sector. I'd rather see you in that one."

General Dynamics : "This one's down a huge amount. I think if you want a defense company name, you want Lockheed Martin or even better Northrop Grumman (NOC Quote) which is a high-yielder. I also still like AeroVironment ."

Diana Shipping : "No, no, I've already said it's Nordic American Tanker (NAT Quote) and that's it for the tankers. You could even go to Frontline (FRO Quote) but that's it. "

El Paso (EP Quote): "I'm shocked this one is this low.I think people are perplexed by their bond deal. If you like natural gas, I'm going to send you to Anadarko Petroleum which is the cheapest with the most room to run."

Want More Cramer? See "Jim Cramer's Portfolios of the Week" every Friday: Last week's edition: http://www.stockpickr.com/problog/1212/

"Cramer's Take on Top-Searched Stocks" every Monday, Wednesday and Friday: This morning's edition: http://www.stockpickr.com/problog/1215/

*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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