Cramer's 'Mad Money Lightning Round': Fill Up With Yum!

10/31/07 - 07:12 PM EDT

TheStreet.com Staff

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:

Oceaneering International (OII Quote): "Listen and listen good, Oceaneering, Core Labs (CLB Quote) and FMC (FMC Quote) all went down. ... That is wrong. ... I am telling you right now, FMC, I want you to be big in it. ... And Core Labs is best in show."

Concho Resources (CXO Quote): "These are kind of gas and oil plays. And the ones I'm gonna recommend are Apache (APA Quote) and XTO Energy (XTO Quote). Why those two? They've already reported. They reported great quarters. ... I want to be sure, and those you can pull the trigger on, I need to have seen the quarter already."

Axsys Technologies (AXYS Quote): "You know this is another one of the optical segment plays. ... I've gotta tell you, I like Ciena (CIEN Quote) more. Yours no, Ciena yes."

Schnitzer Steel Industries (SCHN Quote): "It missed the quarter, man. I got too many companies that hit the quarter. I like Reliance Steel (RS Quote) more than I like yours. I like AK Steel (AKS Quote) more than I like yours. I like United States Steel (X Quote). I got three companies I like more than I like yours."

Brookfield Asset Management (BAM Quote): "Here's the deal, BAM is run by a brilliant group of people. This could be the Canadian Warren Buffett. I would urge you to buy more. This company is so smart. ... I think that Mr. Flatt [Managing Partner and Chief Executive Officer Bruce Flatt], who runs the company, will be able to take that strong Canadian dollar and buy more American companies."

Yum! Brands (YUM Quote): "I want you to buy more of it! ... KFC, Taco Bell, Pizza Hut, these are world-class brands. ... I would recommend Yum! at $40 going to $45, raising my price target right there."

Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here.

At the time of publication, Cramer was long XTO Energy.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com or its affiliates, or CNBC, NBC UNIVERSAL or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither TheStreet.com, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or TheStreet.com is related to the specific opinions expressed by him on "Mad Money."

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