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