Cramer's 'Mad Money' Recap: Lightning Round Review

07/01/05 - 07:33 PM EDT

Jim Cramer

On a special edition of "Mad Money" on CNBC Friday, Jim Cramer offered an all-lightning round hour in which he recapped some of the buy and sell ideas he provided to callers during the show in recent weeks.


Getting positive remarks from Cramer were Lennar (LEN Quote - Cramer on LEN - Stock Picks), Boeing (BA Quote - Cramer on BA - Stock Picks), Inland Real Estate (IRC Quote - Cramer on IRC - Stock Picks), Dean Foods (DF Quote - Cramer on DF - Stock Picks), Zenith National Insurance (ZNT Quote - Cramer on ZNT - Stock Picks), Nike (NKE Quote - Cramer on NKE - Stock Picks), Reebok (RBK Quote - Cramer on RBK - Stock Picks), Wolverine World Wide (WWW Quote - Cramer on WWW - Stock Picks), Stride Rite (SRR Quote - Cramer on SRR - Stock Picks), SL Green (SLG Quote - Cramer on SLG - Stock Picks), Eagle Materials (EXP Quote - Cramer on EXP - Stock Picks) and Allstate (ALL Quote - Cramer on ALL - Stock Picks).

He also had upbeat views on AIG (AIG Quote - Cramer on AIG - Stock Picks), CMGI (CMGI Quote - Cramer on CMGI - Stock Picks), GameStop (GME Quote - Cramer on GME - Stock Picks), Sirius (SIRI Quote - Cramer on SIRI - Stock Picks), Dover (DOV Quote - Cramer on DOV - Stock Picks), Yahoo! (YHOO Quote - Cramer on YHOO - Stock Picks), Papa John's (PZZA Quote - Cramer on PZZA - Stock Picks), Genentech (DNA Quote - Cramer on DNA - Stock Picks), Aramark (RMK Quote - Cramer on RMK - Stock Picks), Offshore Logistics (OLG Quote - Cramer on OLG - Stock Picks), J.P. Morgan (JPM Quote - Cramer on JPM - Stock Picks), San Juan Basin (SJT Quote - Cramer on SJT - Stock Picks), Toll Brothers (TOL Quote - Cramer on TOL - Stock Picks) and Chattem (CHTT Quote - Cramer on CHTT - Stock Picks).

Also receiving Cramer's endorsement were WellPoint (WLP Quote - Cramer on WLP - Stock Picks), Skyworks (SWKS Quote - Cramer on SWKS - Stock Picks), Corning (GLW Quote - Cramer on GLW - Stock Picks), Shaw Group (SGR Quote - Cramer on SGR - Stock Picks), Engineered Support (EASI Quote - Cramer on EASI - Stock Picks), General Dynamics (GD Quote - Cramer on GD - Stock Picks), Sonic Corp. (SONC Quote - Cramer on SONC - Stock Picks), Disney (DIS Quote - Cramer on DIS - Stock Picks), Ross Stores (ROST Quote - Cramer on ROST - Stock Picks), Engelhard (EC Quote - Cramer on EC - Stock Picks), Prudential (PRU Quote - Cramer on PRU - Stock Picks), Metris (MXT Quote - Cramer on MXT - Stock Picks), Adobe (ADBE Quote - Cramer on ADBE - Stock Picks), Equity Office (EOP Quote - Cramer on EOP - Stock Picks), UPS (UPS Quote - Cramer on UPS - Stock Picks), ConocoPhillips (COP Quote - Cramer on COP - Stock Picks), Duke Energy (DUK Quote - Cramer on DUK - Stock Picks), Intel (INTC Quote - Cramer on INTC - Stock Picks), KB Home (KBH Quote - Cramer on KBH - Stock Picks) and ITT Industries (ITT Quote - Cramer on ITT - Stock Picks).

Odyssey Re (ORH Quote - Cramer on ORH - Stock Picks), XTO Energy (XTO Quote - Cramer on XTO - Stock Picks), Timberland (TBL Quote - Cramer on TBL - Stock Picks), Nike (NKE Quote - Cramer on NKE - Stock Picks), Novatel (NVTL Quote - Cramer on NVTL - Stock Picks), TurboChef (OVEN Quote - Cramer on OVEN - Stock Picks) and Lucent (LU Quote - Cramer on LU - Stock Picks) were viewed with optimism, along with McAfee (MFE Quote - Cramer on MFE - Stock Picks), Deere (DE Quote - Cramer on DE - Stock Picks), Bowater (BOW Quote - Cramer on BOW - Stock Picks), Calpine (CPN Quote - Cramer on CPN - Stock Picks), Disney (DIS Quote - Cramer on DIS - Stock Picks), Marvell Technology (MRVL Quote - Cramer on MRVL - Stock Picks), Broadcom (BRCM Quote - Cramer on BRCM - Stock Picks), Texas Instruments (TXN Quote - Cramer on TXN - Stock Picks), National Semiconductor (NSM Quote - Cramer on NSM - Stock Picks), Tesoro (TSO Quote - Cramer on TSO - Stock Picks), Lockheed Martin (LMT Quote - Cramer on LMT - Stock Picks), Northrop Grumman (NOC Quote - Cramer on NOC - Stock Picks), Alliant Techsystems (ATK Quote - Cramer on ATK - Stock Picks), Enterra Energy (EENC Quote - Cramer on EENC - Stock Picks) and Sears Holdings (SHLD Quote - Cramer on SHLD - Stock Picks).

Cramer also had plenty of bearish calls recently, including Netflix (NFLX Quote - Cramer on NFLX - Stock Picks), Able Labs (ABRX Quote - Cramer on ABRX - Stock Picks), Maxtor (MXO Quote - Cramer on MXO - Stock Picks), International Securities Exchange (ISE Quote - Cramer on ISE - Stock Picks), Canadian Pacific Railway (CP Quote - Cramer on CP - Stock Picks), Nastech Pharmaceutical (NSTK Quote - Cramer on NSTK - Stock Picks), Heinz (HNZ Quote - Cramer on HNZ - Stock Picks), Geron (GERN Quote - Cramer on GERN - Stock Picks), Mattel (MAT Quote - Cramer on MAT - Stock Picks), Magna Entertainment (MECA Quote - Cramer on MECA - Stock Picks), Coca-Cola Enterprises (CCE Quote - Cramer on CCE - Stock Picks), Bank of America (BAC Quote - Cramer on BAC - Stock Picks), Nokia (NOK Quote - Cramer on NOK - Stock Picks), Biogen Idec (BIIB Quote - Cramer on BIIB - Stock Picks) and Hot Topic (HOTT Quote - Cramer on HOTT - Stock Picks).

He also said investors should avoid Earthlink (ELNK Quote - Cramer on ELNK - Stock Picks), Friedman Billings Ramsey (FBR Quote - Cramer on FBR - Stock Picks), Frontline (FRO Quote - Cramer on FRO - Stock Picks), Checkfree (CKFR Quote - Cramer on CKFR - Stock Picks), International Game Technology (IGT Quote - Cramer on IGT - Stock Picks), Callaway Golf (ELY Quote - Cramer on ELY - Stock Picks), Health Net (HNT Quote - Cramer on HNT - Stock Picks), CarMax (KMX Quote - Cramer on KMX - Stock Picks), Zebra (ZBRA Quote - Cramer on ZBRA - Stock Picks), Leucadia National (LUK Quote - Cramer on LUK - Stock Picks), Krispy Kreme (KKD Quote - Cramer on KKD - Stock Picks), Synopsys (SNPS Quote - Cramer on SNPS - Stock Picks), Ballard Power (BLDP Quote - Cramer on BLDP - Stock Picks), Oracle (ORCL Quote - Cramer on ORCL - Stock Picks) and Fuelcell (FCEL Quote - Cramer on FCEL - Stock Picks)

More words of caution were offered on Archer Daniels Midland (ADM Quote - Cramer on ADM - Stock Picks), NitroMed (NTMD Quote - Cramer on NTMD - Stock Picks), Powerwave Technologies (PWAV Quote - Cramer on PWAV - Stock Picks), Cognos (COGN Quote - Cramer on COGN - Stock Picks), Audible (ADBL Quote - Cramer on ADBL - Stock Picks), Wind River (WIND Quote - Cramer on WIND - Stock Picks), Presstek (PRST Quote - Cramer on PRST - Stock Picks), Johnson Controls (JCI Quote - Cramer on JCI - Stock Picks), Orbital Sciences (ORB Quote - Cramer on ORB - Stock Picks), Verizon (VZ Quote - Cramer on VZ - Stock Picks), Regeneron Pharmaceuticals (REGN Quote - Cramer on REGN - Stock Picks), Dreamworks (DWA Quote - Cramer on DWA - Stock Picks), Nordic American Tanker (NAT Quote - Cramer on NAT - Stock Picks), Aspect Communications (ASPT Quote - Cramer on ASPT - Stock Picks), Redback (RBAK Quote - Cramer on RBAK - Stock Picks), Kana (KANAE Quote - Cramer on KANAE - Stock Picks) and Ameritrade (AMTD Quote - Cramer on AMTD - Stock Picks).


Interested in more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here. It's a series of articles from Cramer on how to become a better investor. The following table lists some of the rules that Cramer dissects.

1. Pigs Get Slaughtered 2. It's OK to Pay the Taxes
3. Don't Buy All at Once 4. Buy Damaged Stocks
5. Diversify to Control Risk 6. Do Your Homework
7. Don't Panic 8. Buy Best-of-Breed
9. Defend Some Stocks 10. Don't Bet on Bad Stocks
11. Own Fewer Names 12. Cash Is for Winners
13. No Regrets 14. Expect Corrections
15. Know Bonds 16. Don't Subsidize Losers
17. No Room for Hope 18. Be Flexible
19. Quit When Execs Do 20. Patience Is a Virtue
21. Be a TV Critic 22. When to Wait 30 Days
23. Beware the Hype 24. Explain Your Picks
25. Find the Bull Market
Check back for more of Cramer's Rules
At the time of publication, Cramer was long GameStop, Alliant Techsystems, Intel, J.P. Morgan, Lucent, Aramark, Sears Holdings and Yahoo!.

James J. Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here. Listen to Cramer's RealMoney Radio show on your computer; just click here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click here to order Cramer's latest book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict."

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