Cramer's 'Mad Money Lightning Round': Ameritrade Makes the Grade
To see a 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" Monday evening:
NitroMed (NTMD): "Ten million [shares] of it is short. ... I'm not backing away from NTMD. I think you should buy it."
Cell Genesys (CEGE): "Forget the Cell Genesys. (Cramer prefers Amgen (AMGN).)
Powerwave Tech (PWAV): "Powerwave is the company that augments the towers from cell phones. ... I think you do a 'mon back* on the pullback." World Fuel Services (INT): "There's really no edge to that stock. ... Let's ring the register and buy some higher quality." Chesapeake Energy (CHK): "The stock could actually go down to 25, and a lot of folks won't be able to take the pain. ... My take is that Chesapeake's a keeper." Nektar Thearpeutics (NKTR): "Not for me." Ameritrade (AMTD): "One of the greatest plays on the Net. They're survivors, they put it together. Two thumbs up, way up." Southwest (LUV): "Southwest is spiking here. I believe it could have a couple more days on the upside." National City (NCC): "That is exactly what you should own when the Fed decides to stop this nonsense." Equitable Resources (EQT): "This is one of those natural resource plays ... I think Equitable with a 2% yield is not attractive." Constellation Brands (STZ): "I am not a chartist. This Constellation Brands has turned from one of the greatest stocks in the past five years to the House of Pain."
Atmel (ATML): "This is the kind of three-buck integrated circuit play that will put you in the [House of Pain]."
JDS Uniphase (JDSU): "They are telling a compelling story. ... I like their different divisions. ... Perhaps maybe a baby bull."
Brown & Brown (BRO): "Really good insurer. Doesn't get talked about enough. ... This company knows how to run a good business."
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