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