Cramer's 'Mad Money Lightning Round': Oil and Gas Out of Gas

Stock quotes in this article: IBM , NEM , AAUK , GG , IRBT , TROW , NUE , CHK  

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" Wednesday evening:

"IBM(IBM Quote) has had a really good move. I say a little schnitzel pullback and then reload, and it goes to par [$100] by the third week in January."

Newmont Mining(NEM Quote): "As much as I like Newmont, I like Goldcorp(GG Quote) better. ... May I suggest you look at Anglo American(AAUK Quote)?

Petrolio Brasileiro(PBR Quote): "We have had a remarkable rally in Brazil. ... When it comes to oil, I am now strictly in the ring-the-register camp."

Eastman Kodak(EK Quote): "SellSellSell. You get the picture."

Connetics(CNCT Quote): "An expensive stock. ... I need you to schnitzel (sell) a little."

Trex(TWP Quote): "The best of breed of companies that take old tires and make them into potential wood planks for beach properties. ... You have to ring the register."

Chesapeake Energy(CHK Quote): "I think that Chesapeake has seen its high for the year. ... I would be taking a little bit off the table because I think that oil and gas have seen their high."

iRobot(IRBT Quote): "Could work its way up to 35, 36. That stock is for me. I admit it's best of breed for the IPO class of 2005."

BE Aerospace(BEAV Quote): "I nailed that sucker [earlier in the year]. ... Best of breed when it comes to airline seats. Did a 'mon back.* But now it's at a 52-week high. I would actually ring the register a little and let it come back in."

Orbital Sciences(ORB Quote): "The stock is too risky for this guy. A lot of crybabies when it doesn't work. And then, a register-ringer."

MDU Resources(MDU Quote): "This one in particular is a natural gas distribution company that I blessed at one time. ... MDU is no longer for me."

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Oil *
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