Cramer's 'Mad Money Lightning Round': Skyworks Still Has Lift
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): "I'm gonna give it the two thumbs up but not way up."
Skyworks Solutions (SWKS): "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 RoundBullish Cramer was bullish on Bristol-Myers Squibb (BMY), Gillette (G), KeySpan (KSE), Skyworks Solutions (SWKS), Tesoro (TSO), Frontier Oil (FTO), Penn National Gaming (PENN), Duke Energy (DUK), Syneron Medical (ELOS), Patterson-UTI Energy (PTEN), General Dynamics (GD), Ruth's Chris Steak House (RUTH), Georgia-Pacific (GP), Weyerhaeuser (WY), Plum Creek Timber (PCL), Lucent Technologies (LU), CNET Networks (CNET), Charles Schwab (SCH), Genentech (DNA), Amgen (AMGN), Celgene (CELG), Exelon (EXC), Ballard Power Systems (BLDP) and Sears Holdings (SHLD). Bearish Cramer was bearish on Reebok International (RBK), Shanda Interactive Entertainment (SNDA), Adobe Systems (ADBE), Forward Industries (FORD), Allegheny Energy (AYE), Limited Brands (LTD), VeriSign (VRSN), Allied Waster (AW), Stryker (SYK), OSI Pharmaceuticals (OSIP) and Air T (AIRT).
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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