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.

Here's your chance to pick the stock you'd like me to feature on my radio show March 23:
Avanex
JDSU
Marvell Technology
MRV Communications
Nice Systems
Solexa

REMEMBER to listen in on Thursday for my take on the stock that wins this poll!
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At the time of publication, Cramer was long Halliburton.

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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