Cramer's 'Mad Money Lightning Round': AMD's Advance
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" Thursday evening: Lexar Media: "This is the cheap, cheap play for flash. I like it." Lions Gate: "Take a little off the table. I don't care if they got some big deal with Starbucks. I think Lions Gate is overvalued." Advanced Micro Devices: It's growing twice as fast as the personal computer market and it is kicking Intel's butt.. ... Goldman Sachs says it's not sustainable ... but don't you worry about P/Es here, it's going higher." Alcoa: "May be one of the worst-run companies I have ever seen and I am not going to recommend that stock until they clean house." General Maritime: "I told you to sell that sucker at 40 .... Until that stock goes to 32, I don't want to touch it or any of its tanker friends."
Lightning Round
Cramer was bullish on: Sysco(SYY), Cemex(CX), Lexar Media(LEXR), Micron Technology(MU), Ultra Petroleum(UPL), Advanced Micro Devices(AMD), Dynegy(DYN), El Paso(EP), Radiant Systems(RADS), Click Commerce(CKCM), ValueClick(VCLK), Crystallex(KRY) and ConocoPhillips(COP).
Cramer was bearish on:
Cisco Systems(CSCO),
IBM(IBM),
International Game Technology(IGT),
Lions Gate Entertainment(LGF),
Alcoa(AA),
General Maritime(GMR),
EarthLink(ELNK),
Nektar Therapeutics(NKTR),
LSI Logic(LSI)
and NovaStar Financial(NFI).
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