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. And this was recorded before a live studio audience for the Main Event II: MetLife(MET Quote): "It's a buy. It's screaming. You mind if I add Prudential(PRU Quote)?" Boeing(BA Quote): "I like Boeing. At 63, BuyBuyBuy." Johnson & Johnson(JNJ Quote): "Don'tBuyDon'tBuy." PepsiCo(PEP Quote): "What's not to like? They oughta call it Frito-Lay. The Frito-Lay business is en fuego. Two thumbs up. Way up." Banco Bradesco(BBB Quote): "They have credit cards and mortgages in Latin America." (Sound of truck backing up for a mon-back.* ) Fairmont Hotels(FHR Quote): "You should stay out of it. It's a nasty place." Microsoft(MSFT Quote): "Paddles, clear. There's a pulse." Tibco Software(TIBX Quote): "I believe at the $7 level, I am willing to be kind and say Don'tBuyDon'tBuy." Wells Fargo(WFC Quote): "Really clean book. But until Greenspan checks into Sunrise Senior Living, I cannot give it my thumbs-up." HDFC Bank(HDFC Quote): "I gotta stick by it." Motorola(MOT Quote): "I think Ed Zander is for me." Cemex(CX Quote): "Two thumbs up." Nordstrom(JWN Quote): "I think the high end is starting to run out of steam." Starbucks(SBUX Quote): "I did find out that a regular Starbucks cup of coffee has whatever they are ... 300 BTUs of caffeine. But under 50 [pre-split, it could be OK]..." Titanium Metals(TIE Quote): "It's a multiyear hairline cycle. ... You should buy TIE."
Lightning Round
Bullish Cramer was bullish on MetLife (MET Quote), Prudential Financial (PRU Quote), American International Group (AIG Quote), Boeing (BA Quote), PepsiCo (PEP Quote), Banco Bradesco (BBD Quote), Bancolombia (CIB Quote), Microsoft (MSFT Quote), HDFC Bank (HDB Quote), Motorola (MOT Quote), Cemex (CX Quote), Altria (MO Quote) and Titanium Metals (TIE Quote). Bearish Cramer was bearish on Johnson & Johnson (JNJ Quote), H&R Block (HRB Quote), Fairmont Hotels & Resorts (FHR Quote), Tibco Software (TIBX Quote), Knot (KNOT Quote), Wells Fargo (WFC Quote), Morgan Stanley (MWD Quote), Nordstrom (JWN Quote) and Starbucks (SBUX 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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