Cramer's 'Mad Money Lightning Round': Skyworks Still Has Lift

Stock quotes in this article: KSE , SWKS , BMY , G , TSO , FTO , PENN , DUK , ELOS , PTEN , GD , RUTH , GP , WY , PCL , LU , CNET , SCH , DNA , AMGN , CELG , EXC , BLDP , SHLD , RBK , SNDA , ADBE , FORD , AYE , LTD , VRSN , AW , SYK , OSIP , AIRT  

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":

KeySpan(KSE Quote): "I'm gonna give it the two thumbs up but not way up."

Skyworks Solutions(SWKS Quote): "It's a fourth-quarter story. ...Do not give up on Skyworks. If anything give it a 'mon back*."

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

Lightning Round

Bullish

Cramer was bullish on Bristol-Myers Squibb (BMY Quote), Gillette (G Quote), KeySpan (KSE Quote), Skyworks Solutions (SWKS Quote), Tesoro (TSO Quote), Frontier Oil (FTO Quote), Penn National Gaming (PENN Quote), Duke Energy (DUK Quote), Syneron Medical (ELOS Quote), Patterson-UTI Energy (PTEN Quote), General Dynamics (GD Quote), Ruth's Chris Steak House (RUTH Quote), Georgia-Pacific (GP Quote), Weyerhaeuser (WY Quote), Plum Creek Timber (PCL Quote), Lucent Technologies (LU Quote), CNET Networks (CNET Quote), Charles Schwab (SCH Quote), Genentech (DNA Quote), Amgen (AMGN Quote), Celgene (CELG Quote), Exelon (EXC Quote), Ballard Power Systems (BLDP Quote) and Sears Holdings (SHLD Quote).

Bearish

Cramer was bearish on Reebok International (RBK Quote), Shanda Interactive Entertainment (SNDA Quote), Adobe Systems (ADBE Quote), Forward Industries (FORD Quote), Allegheny Energy (AYE Quote), Limited Brands (LTD Quote), VeriSign (VRSN Quote), Allied Waster (AW Quote), Stryker (SYK Quote), OSI Pharmaceuticals (OSIP Quote) and Air T (AIRT Quote).


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 Gillette, Lucent and Sears Holdings.

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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