Cramer's 'Mad Money Lightning Round': No Knock on Nokia
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" Thursday evening: Sirius: "In the end, I say Don'tBuyDon'tBuy ... because I care about your money and won't ... have it resting in a shallow grave with cement galoshes." NutriSystem: "Holy cow. ... I say cut your losses if you are shorting, but don't buy it up here." Xerox: "As long as Anne Mulcahy is running Xerox, SellSellSell. Cramer said he won't be invited to dinner parties now and is going to be "sipping Scotch" on that linoleum floor, only this time it will be Johnnie Walker Red. Novell: "I even like Oracle more than I like Novell." Devon Energy: "Like many of the pure natural gas plays, has gone from being in the House of Pleasure to the House of Pain, but if it goes to 55, I'm doing a giant 'mon back*." Albany International: "I want to sell the stock, take the point-or-two gain, and move into something more substantive." Motorola: "It's a headless horseman. I much prefer the Nokia to the Motorola. ... I think [Motorola CEO] Ed Zander's going Hollywood. ... And don't forget, Nokia's a river in Finland." Bausch & Lomb: "May be done going down at the 45 level ... these guys are like a deer in the headlights. Don'tBuyDon'tBuy." Sealy: "I think that Sealy should be bought here. I'm not backing away." Pinnacle: "You swap out of Pinnacle and you go to Penn National."
Lightning Round
Cramer was bullish on Weight Watchers(WTW Quote), Devon Energy(DVN Quote), Caterpillar(CAT Quote), Nokia(NOK Quote), Sealy(ZZ Quote) and Penn National Gaming(PENN Quote).
Cramer was bearish on
Sirius(SIRI Quote),
NutriSystem(NTRI Quote),
Xerox(XRX Quote),
Novell(NOVL Quote),
Suntech Power Holdings(STP Quote),
Albany International(AIN Quote),
Motorola(MOT Quote),
Bausch & Lomb(BOL Quote)
and
Pinnacle Entertainment(PNK 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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