Cramer's 'Mad Money Lightning Round': Close to Turning Key on GM
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: GM: "I am a hairsbreadth away from BuyBuyBuy. One thumb up." "Brocade is gonna surprise to the upside." Home Solutions: "Kind of a worst-of-breed guy, are ya? ... SellSellSell ... let me throw in Cendant as another stock that I don't like." Northgate Minerals: "That company is both gold and copper. ... It's a way station at 4 1/2 toward nirvana at 5 1/2." SiRF Technology: "Unfairly punished ... I'm giving one thumb up to SiRF, the other to Novatel." Zoltek: "We liked this stock at 12. It subsequently goes to 30 ... now , that said, take half off right here, and then watch tomorrow night's show. ... That's what's called in the business a tease." Kinetic Concepts: "I have not been a fan. ... I want to take a pass. Don'tBuyDon'tBuy." American Capital: "I am sticking my neck out. ... I like ACAS." Bank of Montreal: Cramer likes this one, Toronto Dominion and Royal Bank of Canada, and he believes the Canadian dollar will make a run at parity with the U.S. dollar. Agree Realty: Cramer said he prefers Vornado. BioCryst: "Recommended at 11, then it goes to 23, and I say ring the register. Company's all over me like a cheap suit telling me to get on board, like Motorola." Cramer says BioCryst's headed back to 11. Bucyrus: "One of the great American names." Cramer also likes Joy Global and Manitowoc." 24/7: "I thought that was a terrible quarter. I can't recommend the stock." Flextronics: "The only contract manufacturer that I've endorsed." Zumiez: "Recommended when it was at 10. Now it's going to 35. Cramer takes a bit of a schnitzel, rings the register and let's the rest run."
Lightning Round
Cramer was bullish on General Motors(GM Quote), Brocade Communications(BRCD Quote), Schlumberger(SLB Quote), Northgate Minerals(NXG Quote), SiRF Technology(SIRF Quote), Novatel Wireless(NVTL Quote), Zoltek(ZOLT Quote), American Capital Strategies(ACAS Quote), Bank of Montreal(BMO Quote), Toronto-Dominion Bank(TD Quote), Royal Bank of Canada(RY Quote), Vornado(VNO Quote), Bucyrus International(BUCY Quote), Joy Global(JOYG Quote), Flextronics(FLEX Quote) and Zumiez(ZUMZ Quote).
Cramer was bearish on Home Solutions of America(HOM Quote),
Cendant(CD Quote),
Kinetic Concepts(KCI Quote),
Agree Realty(ADC Quote),
BioCryst Pharmaceuticals(BCRX Quote)
and
24/7 Real Media(TFSM 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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