Cramer's 'Mad Money Lightning Round': Costco Benefit Analysis

 

To see the latest 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:

Carnival: "What is not to like about Carnival? Now that it has pulled back."

"Pixar is not for me. The play's been made. I need you to sell it. I'm not an arbitrager and neither are you."

AIG: "It's nothing but a bull. At 63, I do an AIG-style 'mon back*."

O'Reilly Auto: "I'm going to put the AutoZone, the Pep Boys and O'Reilly distinctly in the Don'tBuy [category]."

Applied Materials: "Paddles, clear, nothing doing." Cramer said it was "flat-lining."

ABB: "Without a doubt the most direct play on nuclear power..."

"Costco ... is a juggernaut. ... [I] think that the stock at 53 is simply a way station on the way to 60. I think you need to stay long, and may I say, if it comes back to 50, it's a gift."

Lightning Round

Cramer was bullish on Carnival(CCL Quote), Royal Caribbean Cruises(RCL Quote), American International Group(AIG Quote), ABB(ABB Quote), Crown Castle(CCI Quote), Powerwave Technologies(PWAV Quote), Myogen(MYOG Quote), Cypress Semiconductor(CY Quote), SunPower(SPWR Quote), Gilead Sciences(GILD Quote), Terex(TEX Quote), Hexcel(HXL Quote). Costco(COST Quote), NMT Medical(NMTI Quote), Procter & Gamble(PG Quote), Northeast Utilities(NU Quote), Abbott (ABT Quote) and Citi Trends(CTRN Quote).

Cramer was bearish on Pixar(PIXR Quote), O'Reilly Automotive(ORLY Quote), Applied Materials(AMAT Quote), Novavax(NVAX Quote), Estee Lauder(EL Quote) and Baxter International(BAX 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.

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At the time of publication, Cramer was long ABB and Procter & Gamble.

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.

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