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