Cramer's 'Mad Money Lightning Round': Beer Stocks Flat

Stock quotes in this article: ISSX , SAM , VCLK , MRK , PFE , TOL , MFE , TASR , GME , ELOS , BG , RFMD , WEBX , ILSE , MSM , GT , BTU , TKLC  

To read a full "Mad Money" recap, please click here.


Here's what Jim Cramer had to say about some of the stocks offered up by callers on "Mad Money" Wednesday evening:

"I think my checking account is going to outperform Pfizer(PFE Quote) this year. The only thing it's better than is Merck(MRK Quote)."

"Toll Brothers(TOL Quote): Great quarter but stock won't go up. I say ring the register."

"Internet Security(ISSX Quote) is a darn good company. I like it almost as much as I like McAfee(MFE Quote)."

On Taser(TASR Quote): "You don't get rich suing ... fundamentals way too expensive."

ValueClick(VCLK Quote): "This is a second-rate Net play. ... The press release-to-price ratio is off the charts."

Boston Beer(SAM Quote): "I'm a Pilsner guy myself. ... I think the beer stocks are no good. Even the microbrews. I would ring the register."

Netflix(NFLX Quote): It's prone to a short squeeze. I think it's rich [in valuation]. But "a lot of growth guys still love it."

Countrywide Financial(CFC Quote): "Angelo Mozilo [CEO] is the single-best mortgage guy in America. The stock is cheap. I like the stock."

Lightning Round

Bullish

Cramer was bullish on GameStop (GME Quote), Syneron Medical (ELOS Quote), Bunge Limited (BG Quote), Internet Security Systems (ISSX Quote), Advanced Micro Devices (AMD Quote), RF Micro Devices (RFMD Quote), WebEx Communications (WEBX Quote), IntraLase (ILSE Quote), MSC Industrial Direct(MSM Quote), Netflix (NFLX Quote), Countrywide Financial (CFC Quote) and Sprint Nextel (S Quote).

Bearish

Cramer was bearish on Pfizer(PFE Quote), Toll Brothers (TOL Quote), Goodyear Tire & Rubber (GT Quote), Ford Motor (F Quote), Senomyx (SNMX Quote), Nextel Partners (NXTP Quote), Spectrum Brands (SPC Quote), Blue Coat Systems (BCSI Quote), Taser (TASR Quote), Allstate (ALL Quote), LifeCell (LIFC Quote), Regeneron Pharmaceuticals (REGN Quote), ValueClick (VCLK Quote), Peabody Energy (BTU Quote), PetMed Express (PETS Quote), Boston Beer (SAM Quote), Vulcan Materials (VMC Quote), Gap (GPS Quote) and Tekelec (TKLC Quote).

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
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At the time of publication, Cramer was long GameStop.

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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