Cramer's 'Mad Money Lightning Round': Sip Some Starbucks

Stock quotes in this article: DIS , SBUX , WYE , SGP , RTP , CHD , TXN , GOOG , AX , AMD , AMGN , MEDI , MO , PIXR , HAS , MAT , FRX , ENER , UMC , TASR , MRH , SSTI , NSC , ZMH , SLR , FLEX , BCRX , AKAM , PHH , TFSM , NXTP , NDAZ , SUNW  

To see the full "Mad Money" recap, please click here.


Here's what Jim Cramer had to say about some of the stocks that callers offered up on the "Mad Money Lightning Round" Thursday evening:

Pixar(PIXR Quote): "The entertainment game is not what it used to be. ... I would rather own Disney(DIS Quote) here. Don't buy."

Starbucks(SBUX Quote): "I think it's making a comeback ... I think you could make money here. Don't give up on the Starbucks."

Hasbro(HAS Quote): "You're not gonna catch me recommending that stock."

Taser(TASR Quote): "People are looking at that chart upside down and starting to like it. Forget about it."

Montpelier Re(MRH Quote): "These are the things that make me wear Post-its [affixed to his forehead after a missed stock call]. ... Until I am certain of the guidance, I have to be issuing a "Don't buy."

Silicon Storage(SSTI Quote): "I looked at that company ... and I found it wanting. I don't think that's the right play."

Norfolk Southern(NSC Quote): "That stock has held onto its gains. ... I think you ring the register, and then you wait five smackers [lower] and you buy it back."

Amgen(AMGN Quote): "I want you to do a 'mon back* on Amgen."

Sun Micro(SUNW Quote): "That is not for me."

Altria(MO Quote): "That can withstand the test of time. ... I say you buy MO."

Lightning Round

Bullish

Cramer was bullish on Walt Disney (DIS Quote), Starbucks (SBUX Quote), Wyeth (WYE Quote), Schering-Plough (SGP Quote), Rio Tinto (RTP Quote), Church & Dwight (CHD Quote), Texas Instruments (TXN Quote), Google (GOOG Quote), Archipelago (AX Quote), Advanced Micro Devices (AMD Quote), Amgen (AMGN Quote), MedImmune (MEDI Quote) and Altria (MO Quote).

Bearish

Cramer was bearish on Pixar (PIXR Quote), Hasbro (HAS Quote), Mattel (MAT Quote), Forest Laboratories (FRX Quote), Energy Conversion Devices (ENER Quote), United Micro Electronics (UMC Quote), Taser (TASR Quote), Montpelier Re Holdings (MRH Quote), Silicon Storage Technology (SSTI Quote), Norfolk Southern (NSC Quote), Zimmer Holdings (ZMH Quote), Solectron (SLR Quote), Flextronics (FLEX Quote), BioCryst Pharmaceuticals (BCRX Quote), Akamai Technologies (AKAM Quote), PHH (PHH Quote), 24/7 Real Media (TFSM Quote), Nextel Partners (NXTP Quote), Nasdaq Stock Market (NDAQ Quote) and Sun Microsystems (SUNW 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 Altria and Motorola.

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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