Jim Cramer's Lightning Round
'Mad Money Lightning Round': Load Up on Kraft Foods
Scott Rutt
01/09/09 - 07:52 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" Friday evening:
SPX Corp
(SPW Quote):
"You need the economy to get stronger for that company. It doesn't
have a good yield, so I'm on the sidelines."
Kraft Foods
(KFT Quote): "I like Kraft for the long term. There are so many of their
products that are good trade downs. Every time that one pulls back, I
want you to buy more."
Quanta Services
(PWR Quote): "I think this is such an Obama play I'm surprised
people aren't taking notice. The only company that makes money from
upgrading the electrical system is Quanta."
Crosstex Energy
(XTXI Quote): "I don't trust the dividend; that's a red flag. I
think if you want a natural gas company, you want
Anadarko
Petroleum (APC Quote).
That's the best."
Walgreens
(WAG Quote): "No! That whole drug store business has gone to heck. I want you
to sell, sell, sell."
Chipotle Mexican Grille
(CMG Quote): "Oh come on, an expensive fast food company when
McDonald's (MCD Quote) is trading this low? I want you to go buy McDonalds."
Pre-Paid Legal Services
(PPD Quote): "This is supposed to be recession resistant, but I
don't trust the business model. I want to stay away from that one."
Ingersoll-Rand
(IR Quote): "No, no. The quarter's going to be bad. I think
they're going to have a disappointing quarter and you're going to be
able to buy it lower."
AK Steel Holding
(AKS Quote): "I've got
Nucor (NUE Quote) that's moved up too much, otherwise I'd
recommend that one. But AK Steel does not intrigue me. I don't want
you touching that one. "
Allied Capital
(ALD Quote): "What an opportunity to sell, sell, sell. The last
thing we need is a leveraged financial. "
Check out the latest edition of
"Cramer's Take on
Top-Searched Stocks" on Stockpickr.
*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.