Innovation Update

Cramer's 'Mad Money' Lightning Round

Stock quotes in this article: NTES , JPM , BSX , L , PD , EP , WMB , CL , PSUN , KO , CMX , TXN  

These are the stocks Jim Cramer discussed during his "Mad Money" Lightning Round on CNBC Wednesday night. He says Netease "is not stopping here." But stay away from Liberty Media.

Cramer was bullish on: MetLife(MET Quote), Life Time Fitness(LTM Quote), Netease.com(NTES Quote), "the stock is not stopping here," Cramer said; Phelps Dodge(PD Quote), Harris(HRS Quote), Autodesk(ADSK Quote), Quicksilver Resources(KWK Quote), El Paso(EP Quote), SanDisk(SNDK Quote), PPG Industries(PPG Quote), Texas Instruments(TXN Quote), Williams Cos.(WMB Quote), Texas Industries(TXI Quote), TXU(TXU Quote), "the stock is going to $100," said Cramer; Piedmont Natural Gas(PNY Quote), Smith & Wesson(SWB Quote), and Caremark(CMX Quote).

Cramer was bearish on: Colgate-Palmolive(CL Quote), Tupperware(TUP Quote), there was nothing to like about its most recent quarter, Cramer said; WebMD(HLTH Quote), Coca-Cola(KO Quote), Syntroleum(SYNM Quote), Pacific Sunwear(PSUN Quote), Progressive Gaming International(PGIC Quote), Liberty Media(L Quote), "it is an absolutely terrible stock," Cramer said; Packaging Corp. of America(PKG Quote), Mueller Industries(MLI Quote), J.P. Morgan Chase(JPM Quote), "you want to own very few banks here," Cramer said; Wind River Systems(WIND Quote), and Boston Scientific(BSX Quote).

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At the time of publication, Cramer was long J.P. Morgan Chase.

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 ActionAlertsPLUS. 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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