Jim Cramer's Lightning Round
Cramer's 'Mad Money Lightning Round': Broadcom Deserves Better
04/26/06 - 07:38 PM EDT
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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: Level 3: "I think it goes higher. I like the quarter, a little bit of a narrow loss. ... two thumbs up." WellPoint: "I like the fact that they guided up." Brush Engineered: Cramer said it's wrong, it's going down. He said, "down another dollar, it's a mon back*." Dynegy: "Back from the dead. A Lazarus stock. ... gonna do well with natural gas lower. I say you buy more." Brocade: "I think Brocade could be the surprise quarter of this whole earnings period. ... From what IBM said was strong, I'm extrapolating." Cramer says that at 6, Brocade is ready to roll. Openwave: "Is the standard for music and cell phones. ... I'm not worried. I'd be a buyer." Broadcom: "I deny anyone to explain to me why exactly that stock is down 7 .... To me, Broadcom is just too low. I'd back up the truck at 35. Remember, they make up the guts of the cable box." Pioneer Drilling: "Nabors is two thumbs up. Your stock is ... let's just say, Don'tBuyDon'tBuy." Coach: "I would like to buy Coach here." Vitesse: "I don't think there's anybody left at Vitesse. I think everybody resigned." ... Cramer said he got this one "really wrong." Hallburton: "Now compressed to 19 times earnings ... right here, right now." Cramer said he would do a 'mon back on "King Hal." Bank of America: "You look up the word confidence in the dictionary, you will see a picture of Bank of America." Murphy Oil: "I say don't buy Murphy. I like Chevron."
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