Cramer's 'Mad Money Lightning Round': Rite Aid Wrong
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 during the "Mad Money Lightning Round" Tuesday evening:
Home Depot (HD): "Has the great misfortune of having to follow a great first act by Lowe's (LOW)."
Whole Foods Market (WFMI): "Horrible overreaction by the market last week. ... Whole Foods is a buy and a 'mon back* under 140."
EV3 (EVVV): "Don't-buy mode until it goes lower, because it's got something the matter with it." DeCODE Genetics (DCGN): "This company is losing money hand over fist. Its just taking the money and going into an Icelandic commode." Rite Aid (RAD): "It's not just the worst of breed. It's the House of Pain. ... I need you out of it, and I need you out of it now." UnumProvident (UNM): "UnumProvident is OK. ... Pru (PRU) and Met (MET) have never let us down." Google (GOOG): "Google's gonna earn nine bucks [a share] and belongs at 450." Syntroleum (SYNM): "If I owned Syntroleum, I think I would be giving it the boot." Albertson's (ABS): "It's an also-ran because it could not beat Whole Foods. ... I need you in Whole Foods." Arctic Cat (ACAT): "You, my friend, are gonna swap Arctic Cat for Polaris (PII)." Compuware (CPWR): "This is a stock that defines the use of paddles. I don't think there are enough defibrillators out there to get this stock from 8 to 9." KFx (KFX): "I think with oil coming back to 51 [a barrel] you wanna schnitzel here. You wanna ring the register." NL Industries (NL): "They bit the horns off the bull today with that son of a gun. ... I like one thing. I like clean accounting. ... They screwed up the financials, and I don't like that." Dow Chemical (DOW): "The most levered company to the decline in natural gas is Dow Chemical, which is why I want you to buy it."Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV