Cramer's 'Mad Money' Lightning Round': Dril-Quip Tip

Stock quotes in this article: DRQ , BRCM , CHK , JNPR , SYMC , AAPL , FRK , FSH , COP , WMT , SU  

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" Monday evening:

Apple Computer: "Started to go up today. There was no reason, there was no news ... What that tells me is there's orgranic buyers. ... You should step up to the plate. ... I think that the seller who knocked it down is finished."

Juniper Networks: "That was a major disappointment that quarter. Juniper reminded me very much of Cisco. Scott Kriens listen up. ... You lost your mojo and you need to get it back.:

Suncor Energy: "The definition of an up stock. ... none of the management turmoil of EnCana. Suncor is two thumbs up, and let's take it way up!"

Dril-Quip: "Even though Dril Quip's at its 52-week high, I'm recommending it right here. ... And if it goes below 60, Cramer asked, "Do you mind if I recommend a 'mon back?"

ConocoPhillips: "Not done going up." But Cramer says the "liberal press" is going to bloviate on the windfall profits talk after the $10.7 billion quarter that Exxon Mobil reported today. "Wait three days and buy ConocoPhillips."

Lightning Round

Cramer was bullish on: Symantec(SYMC Quote), Apple(AAPL Quote), Broadcom(BRCM Quote), Chesapeake Energy(CHK Quote), Florida Rock(FRK Quote), Suncor Energy (SU Quote), Dril-Quip(DRQ Quote), Harris(HRS Quote), Fisher Scientific(FSH Quote), Wright Medical Group(WMGI Quote), Zoltek(ZOLT Quote), ConocoPhillips(COP Quote), Wal-Mart(WMT Quote), Hexcel(HXL Quote), Whole Foods(WFMI Quote), Nabors(NBR Quote), Olin(OLN Quote) and Costco (COST Quote).

Cramer was bearish on: Kopin(KOPN Quote), GMX Resources(GMXR Quote), EGL(EAGL Quote), Encysive Pharmaceuticals(ENCY Quote), Juniper Networks(JNPR Quote), 99 Cents Only Stores(NDN Quote), United Natural Foods(UNFI Quote) and Jacuzzi Brands(JJZ Quote).

*For all you home-gamers, a 'mon-back opportunity means Cramer would back up the figurative truck and load up on a stock.

Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here.

  • Loading Comments...
  •  

SHARE:

  • email
  • print
  • comment
  • digg
  • delicious
  • linkedin
Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com or its affiliates, or CNBC, NBC UNIVERSAL or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither TheStreet.com, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or TheStreet.com is related to the specific opinions expressed by him on "Mad Money."

None of the information contained in "Mad Money" constitutes a recommendation by Mr. Cramer, TheStreet.com or CNBC that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the program. Mr. Cramer's past results are not necessarily indicative of future performance. Neither Mr. Cramer, nor TheStreet.com, nor CNBC guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the program. The strategy or investments discussed may fluctuate in price or value and you may get back less than you invested. Before acting on any information contained in the program, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.

Some of the stocks mentioned by Mr. Cramer on "Mad Money" are held in Mr. Cramer's Action Alerts PLUS Portfolio. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on TheStreet.com. The Action Alerts PLUS Portfolio contains all of Mr. Cramer's personal investments in publicly-traded equity securities only, and does not include any mutual fund holdings or other institutionally managed assets, private equity investments, or his holdings in TheStreet.com, Inc. Since March 2005, the Action Alerts PLUS Portfolio has been held by a Trust, the realized profits from which have been pledged to charity. Mr. Cramer retains full investment discretion with respect to all securities contained in the Trust. Mr. Cramer is subject to certain trading restrictions, and must hold all securities in the Action Alerts PLUS Portfolio for at least one month, and is not permitted to buy or sell any security he has spoken about on television or on his radio program for five days following the broadcast.

Recent Comments





Connect with TheStreet

Dow Jones S&P 500 NASDAQ 10-Year Note
10,388.90 1,105.98 2,194.35 34.83
Oil *
77.74
UP
22.75
UP
6.06
UP
21.21
UP
1.03
10 Yr
3.48%
SPDR Gold
113.75
+0.22%
+0.55%
+0.98%
+3.05%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services