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Cramer's 'Mad Money Lightning Round': Broadcom Deserves Better

04/26/06 - 07:38 PM EDT

TheStreet.com Staff

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" 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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At the time of publication, Cramer was long long BHP Billiton, Halliburton, Nabors and Occidental Petroleum.

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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