Cramer's 'Mad Money Lightning Round': Goin' to the Roadhouse

Stock quotes in this article: AAPL , GOOG , TXRH , NDAQ , MOT , NSC , STX , CRDN , PEC , INTC , WFMI , PFCB , WEN  

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 has come down enough, but I don't know ... we feel strong that there's such motivated sellers out there. ..... put our first position on here but expect that it goes lower, and if it does, we do a 'mon back.*"

Nasdaq Stock Market: I'm not backing away. ... I would buy it on the secondary and it could go up 15 points from here."

P.F. Chang's China Bistro: "You're like a mediocre worst-of-breed guy. ... You need to be in a better restaurant chain. Swap out of P.F. Chang's right here and I want you to go into Texas Roadhouse."

Whole Foods: "I'm a little concerned that the P/E for this year is 70 ... I think Whole Foods marks time here."

Google: "We can't back up the truck ... We've got that guy Eric Schmidt. I think the Schmidt discount is gonna be with us for some time. ... I don't like the way management tells the story.

Lightning Round

Bullish

Cramer was bullish on: Apple(AAPL Quote), Johnson Controls(JCI Quote), Nasdaq Stock Market(NDAQ Quote), Norfolk Southern(NSC Quote), Ceradyne(CRDN Quote), Seagate Technology(STX Quote), Pike Electric(PEC Quote), Trinity Industries(TRN Quote), Rackable Systems(RACK Quote), Sasol(SSL Quote), Energy Conversion Devices(ENER Quote), Headwaters(HW Quote), Paccar(PCAR Quote), Sanofi-Aventis(SNY Quote), Nabors(NBR Quote), Station Casinos(STN Quote), Viisage(VISG Quote) and Motorola(MOT Quote).

Bearish

Cramer was bearish on: Harrah's Entertainment(HET Quote), P.F. Chang's China Bistro(PFCB Quote), Wendy's(WEN Quote), Bodisen Biotech(BBC Quote), Whole Foods(WFMI Quote), Quidel(QDEL Quote), Intel(INTC Quote) and American Railcar(ARII 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
At the time of publication, Cramer was long Intel and Motorola.

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
10,344.84 1,095.63 2,144.60 32.01
Oil *
79.27
UP
34.92
UP
4.14
UP
6.16
DOWN
0.30
10 Yr
3.20%
SPDR Gold
115.65
+0.34%
+0.38%
+0.29%
-0.93%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services