Jim Cramer's Lightning Round
'Mad Money Lightning Round': Joy Global Radiates
Scott Rutt
01/14/09 - 07:43 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:
Joy Global
(JOYG Quote): "I think Joy Global has got a great yield and it's cheap. Let's
wait until it comes down under $20, then buy in."
Spartan Stores
(SPTN Quote): "No, the only retailer I'm recommending right now is
Wal-Mart (WMT Quote),
the only one that can withstand the recession."
Norfolk Southern
(NSC Quote): "No, I'm not recommending any of the rails. Even
though they're at their lows, they're too levered to commodities and
autos."
Procter & Gamble
(PG Quote): "I think they're just going to have a so-so story and
is not my favorite soft goods maker. That's a second half of 2009
story."
Manitowoc
(MTW Quote): "This is a crane play and they are too many cranes right now.
Illinois Tool Works
(ITW Quote) is not interested in buying them, so I'm saying sell,
sell, sell."
Bebe Stores
(BEBE Quote): "Bebe is a trading stock. I say let's buy it again,
but only for a trade."
Halliburton
(HAL Quote): "I think HAL is a sale. I think natural gas is going to $4, maybe
$3. That means HAL is going to have things really bad. "
Delta Air Lines
(DAL Quote): "I've never recommended an airline stock and I'm not
about to now."
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.