Cramer's 'Mad Money Lightning Round': Panera Bread Rises
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" Wednesday evening: Wendy's(WEN Quote): "Wendy's is last year's story, my friend." Panera Bread(PNRA Quote): "They guided people very low. And then they beat the number and beat the number. ... I think it goes to 60 and beyond." Countrywide Financial(CFC Quote): "[CEO Angelo Mozilo] He's the real deal." Florida Rock Industries(FRK Quote): "I have been a bull ... and I am not backing away. I still believe that this part of the economy is not in bear market mode." Nortel(NT Quote): "I think that Nortel has checked out [of the House of Pain]. ... When we get a new CEO that we just got at Nortel, I feel emboldened, no longer embittered. And I want to do a 'mon back*." Momenta Pharma(MNTA Quote): "This is not a worst of breed, but it's not a best of breed. ... I would buy some Amgen(AMGN Quote) right here and some Genentech(DNA Quote)." Nvidia(NVDA Quote): "Instead of Nvidia," Cramer said, "two thumbs up for Texan(TXN Quote) and Nat Semi(NSM Quote)." Hilb, Rogal and Hamilton(HRH Quote): "Very clean company, but I have to tell you, if I have to be in that game, I've been watching this Aon(AOC Quote). I think Aon is the better buy." Occidental Petroleum(OXY Quote): "It is a high rise of pain. ... It may be the Empire State Building of Pain." Amgen(AMGN Quote): "I'm issuing a triple buy right here on Amgen. Like Intel(INTC Quote) ... that's what I think for Amgen. Not pain ... but pleasure." Cal Dive International(CDIS Quote): "I was itching to buy that. ... I'm saying the Oil Service Index is too low now. ... This group is measured as a 'mon back."
Lightning Round
Bullish Cramer was bullish on Darden Restaurants (DRI Quote), Yum! Brands (YUM Quote), Grey Wolf (GW Quote), Ameritrade Holding (AMTD Quote), E*Trade Financial (ET Quote), Charles Schwab (SCH Quote), Panera Bread (PNRA Quote), Countrywide Financial (CFC Quote), Florida Rock Industries (FRK Quote), Rinker Group (RIN Quote), Vulcan Materials (VMC Quote), Martin Marietta Materials (MLM Quote), Public Service Enterprise Group (PEG Quote), Nortel Networks (NT Quote), General Maritime (GMR Quote), Amgen (AMGN Quote), Genzyme (GENZ Quote), Genentech (DNA Quote), Yahoo! (YHOO Quote), Google (GOOG Quote), VeriSign (VRSN Quote), Texas Instruments (TXN Quote), National Semiconductor (NSM Quote), Aon (AOC Quote), Occidental Petroleum (OXY Quote), Cal Dive International (CDIS Quote), Lufkin Industries (LUFK Quote), Halliburton (HAL Quote) and Skyworks Solutions (SWKS Quote). Bearish Cramer was bearish on Wendy's International (WEN Quote), OMI (OMM Quote), Momenta Pharmaceuticals (MNTA Quote), Internet Initiative Japan (IIJI Quote), Nvidia (NVDA Quote), Silicon Image (SIMG Quote), Hilb, Rogal & Hobbs (HRH Quote), Texas Roadhouse (TXRH Quote) and Sealed Air (SEE 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 | |||||
| |
|||||
- Loading Comments...
- Loading Comments...
Recent Comments
Featured Photo Galleries
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,308.26 | 1,096.10 | 2,180.05 | 34.87 |
Oil *
73.13
|
|
DOWN
132.86
|
DOWN
13.08
|
DOWN
26.86
|
DOWN
1.09
|
10 Yr
3.49%
SPDR Gold
107.53
|
|
-1.27%
|
-1.18%
|
-1.22%
|
-3.03%
|
Data delayed 20 minutes |














