Jim Cramer's Lightning Round
Cramer's 'Mad Money Lightning Round': SiRF's Up
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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: I-Flow: "It trades like a health care stock because it is one. ... I'm not giving up; I'm staying bullish at $13." Pacific Ethanol: "I do not bless any money going to Pacific Ethanol. ... I think you wait for a pullback. I'm going bearish on ethanol right here." Express Scripts: "I say you stay with Express Scripts, and when it gets to 75, you 'mon back* double down." Texas Instruments: "Got 40 written all over it. Most surely I like Texan." Cramer says break open a large-screen TV and you'll find the digital light processors made by TI. Google: Cramer gives it a $9 earnings-per-share target, a 60 multiple, which projects the stock to $540. Bookham: "That stock should be at 9 ... no crying over spilled milk." SiRF Technology: "I think that Garmin, Novatel and SiRF Tech are all up stocks." Cramer expects 15% or more upside. "Triple buy on all three!" Apple: "I believe ... this was the last bad quarter. ... Apple right here right now is done going down ... because we be going to par, also known as a hundo ($100)." PetroQuest Energy: "You know you're preaching to the converted. Even when it traded all the way down to 8.50. ... PetroQuest is at 11 and it isn't done going up." Hewitt Associates: "One of the great bull markets [human resources]." Cramer says Hewitt should be bought, not sold. Nortel: Cramer threw a chair at the mention of it. "I just got Nortel out of my system and I'm feeling a lot better."
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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|---|---|---|---|---|
| 12,419.86 | 1,313.32 | 2,837.36 | 16.25 |
Oil *
103.00
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DOWN
160.83 |
DOWN
19.10 |
DOWN
33.63 |
DOWN
1.06 |
10 Yr
1.62%
SPDR Gold
151.91
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-1.28%
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-1.43%
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-1.17%
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-6.12%
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