Cramer's 'Mad Money Lightning Round': The Humana Touch

Stock quotes in this article: UNH , WFMI , MSO , GRP , CTHR , EP , CNET , OVEN , HUM , AET , WLP , UNH , RTN , GD , LLL , GW , MRO , PXD , VLO , DNA , AMGN , JCP , HYDL , MSFT , ZQK , PSUN , APOL , IMAX , USEC , OTEX , CPN , MOLX , TWX , NR , JBHT , SYMC , ORCL , CA , MOVI , AMR , GERN  

To see 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 the "Mad Money Lightning Round":

Martha Stewart Living Omnimedia(MSO Quote): "I'm sticking with my 'mon back*. I think she's gonna be big. ... You go into any Kmart, you are stepping into Martha Stewart's house."

Open Text(OTEX Quote): "Ring the register. That thing has no pin action whatsoever."

Humana(HUM Quote): "I anoint you Sir Humana. I think Humana is good. It's not as good as UNH (UnitedHealth Group(UNH Quote)), but you know what, it's going higher."

Movie Gallery(MOVI Quote): "Get off the phone and sell it."

Lightning Round

Bullish

Cramer was bullish on Whole Foods Market (WFMI Quote), Martha Stewart Living Omnimedia (MSO Quote), Grant Prideco (GRP Quote), Charles & Colvard (CTHR Quote), El Paso (EP Quote), CNET Networks (CNET Quote), TurboChef Technologies (OVEN Quote), Humana (HUM Quote), Aetna (AET Quote), WellPoint (WLP Quote), UnitedHealth Group (UNH Quote), Raytheon (RTN Quote), General Dynamics (GD Quote), L-3 Communications (LLL Quote), Grey Wolf (GW Quote), Marathon Oil (MRO Quote), Pioneer Natural Resources (PXD Quote), Valero Energy (VLO Quote), Genentech (DNA Quote), Amgen (AMGN Quote), J.C. Penney (JCP Quote), Hydril (HYDL Quote) and Microsoft (MSFT Quote).

Bearish

Cramer was bearish on Quiksilver (ZQK Quote), Pacific Sunwear of California (PSUN Quote), Apollo Group (APOL Quote), Imax (IMAX Quote), Usec (USU Quote), Open Text (OTEX Quote), Calpine (CPN Quote), Molex (MOLX Quote), Time Warner (TWX Quote), Newpark Resources (NR Quote), J.B. Hunt Transport Services (JBHT Quote), Symantec (SYMC Quote), Oracle (ORCL Quote), Computer Associates (CA Quote), Movie Gallery (MOVI Quote), AMR (AMR Quote) and Geron (GERN Quote).

*For all you home-gamers, a 'mon-back opportunity means Cramer would back up the figurative truck and load up on a stock.


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
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At the time of publication, Cramer was long UnitedHealth Group.

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." Cramer appreciates your feedback and invites you to send him an email by clicking here.

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