Cramer's 'Mad Money Lightning Round': Yahoo!'s Masquerade

Stock quotes in this article: FITB , WMT , NGAS , MU , AMGN , MTB , GENZ , GILD , DNA , CELG , LRW , DHR , EMR , ITT , SHLD , YHOO , N , FAL , PCU , IHP , ATYT , CMED , ANF , KMX , PEC , PETM , PQUE , PFE , SWKS , GERN , HOLX , EBAY , WYNN  

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:

Labor Ready(LRW Quote): "I like it. It's a really good company."

Skyworks Solutions(SWKS Quote): "As far as I'm concerned, that stock's going nowhere fast."

Sears Holdings(SHLD Quote): "I think the selling's done. I think the buying's beginning."

Yahoo!(YHOO Quote): "I think that Yahoo! is a $42 stock that is masquerading as a $37 stock."

ATI Technologies(ATYT Quote): "I think we have only half the move. ... One of the few Chinese companies I actually trust."

Lightning Round

Bullish

Cramer was bullish on Fifth Third Bancorp (FITB Quote), Wal-Mart (WMT Quote), NGAS Resources (NGAS Quote), Micron Technology (MU Quote), M&T Bank (MTB Quote), Amgen (AMGN Quote), Genzyme (GENZ Quote), Gilead Sciences (GILD Quote), Genentech (DNA Quote), Celgene (CELG Quote), Labor Ready (LRW Quote), Danaher (DHR Quote), Emerson Electric (EMR Quote), ITT Industries (ITT Quote), Sears Holdings (SHLD Quote), Yahoo! (YHOO Quote), Inco (N Quote), Falconbridge (FAL Quote), Southern Copper (PCU Quote), IHOP (IHP Quote), ATI Technologies (ATYT Quote), China Medical Technologies (CMED Quote), Abercrombie & Fitch (ANF Quote), CarMax (KMX Quote), Pike Electric (PEC Quote), PetsMart (PETM Quote) and PetroQuest Energy (PQUE Quote).

Bearish

Cramer was bearish on Pfizer (PFE Quote), Skyworks Solutions (SWKS Quote), Geron (GERN Quote), Hologic (HOLX Quote), eBay (EBAY Quote) and Wynn Resorts (WYNN Quote).

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
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At the time of publication, Cramer was long Sears Holdings and Yahoo!.

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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