Cramer's 'Mad Money Lightning Round': Bristol Buyers
To see the most recent 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" Tuesday evening: Amgen: "I would be a buyer of Amgen, and under 70, 'mon backster*." Google: "This stock is 30 up, 30 down. ... Don'tBuyDon'tBuyDon'tBuy." Martha Stewart Living Omnimedia: "This stock has come down and down. ... I would still sell it." Hercules Offshore: "You're talking about shallow drilling. With the decline in that group, I would have to send you to the big three: Nabors, Halliburton and Schlumberger." Dynegy: "Do you mind doing a 'mon back right here? Excellent management." Bristol-Myers: "I will pay up to 26 right here right now for Bristol-Myers." Ormat Technologies: "Any time you get a pullback in an Ormat [geothermal], you gotta do a 'mon back." Panera Bread: "All-aboard situation and I need you to buy it." Williams Sonoma: "I want you to stay long." Cramer said he also likes Pottery Barn. Western Digital: "I'd be more inclined to take some Western Digital off the table." Corning: "If it gets to 26, that is your real chance."
Lightning Round
Cramer was bullish on Amgen(AMGN Quote), Nabors Industries(NBR Quote), Halliburton(HAL Quote), Schlumberger(SLB Quote), Dynegy(DYN Quote), Bristol-Myers Squibb(BMY Quote), Newpark Resources(NR Quote), Ormat Technologies(ORA Quote), Panera Bread(PNRA Quote), Starbucks(SBUX Quote), Alltel(AT Quote), Williams-Sonoma(WSM Quote) and Corning(GLW Quote).
Cramer was bearish on
Google(GOOG Quote),
Martha Stewart Living Omnimedia(MSO Quote),
Hercules Offshore(HERO Quote),
Todco(THE Quote),
Piedmont Natural Gas(PNY Quote)
and
Western Digital(WDC 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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