Cramer's 'Mad Money Lightning Round': Bouquets for Brocade

 

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" Monday evening:

Boston Scientific: "At 22, management pressured me to go more positive on it. I relented on that pressure" and the stock is still at 22.

Audible: Cramer said he's been negative on the stock since it was at 16. It closed at $11.76 today.

Google: "I think Google is kind of caught right here. ... As long as there's so much competition, it's shrouding the story. It's still going to earn $10 a share and deserves the 60 multiple."

Broadwing: "I like the Broadwing. ... I would do some schnitzeling."

Nordic Am Tanker: "I think you go out. It's not levered to oil prices. It's levered to tanker rates."

Rackable: "The kind of company the big dot-coms need to be able to make this stuff work faster."

Applied Materials: "In the end you are still levered to Intel, which is levered to Dell, which means ixnay on the AMAT-way."

Rite-Aid: "This is slow and steady wins the race. I refuse to back away from this. I think this company is terrific."

Vasco Data: "I have found it difficult to get my arms around. But he [Will Gabrielski, Cramer's research associate] gives it a thumb up, so it's good."

Stanley Works: "You come to me with second-best of breed?"

Brocade: Cramer says it will have its first upside surprise since the second quarter of 2000.

Lightning Round

Cramer was bullish on General Motors(GM Quote), Google(GOOG Quote), Yahoo!(YHOO Quote), Broadwing(BWNG Quote), Level 3 Communications(LVLT Quote) Qwest Communications(Q Quote), Rackable(RACK Quote), Rite-Aid(RAD Quote), Regal-Beloit(RBC Quote), Vasco Data Security International(VDSI Quote), Black & Decker(BDK Quote) and Brocade(BRCD Quote).

Cramer was bearish on Boston Scientific(BSX Quote) Audible(ADBL Quote), Nordic American Tanker Shipping(NAT Quote), Applied Materials(AMAT Quote) and Stanley Works(SWK 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.

Here's your chance to pick the stock you'd like me to feature on my radio show May 11:
Agco
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Nektar Therapeutics
Novartis
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REMEMBER to listen in on Thursday for my take on the stock that wins this poll!
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At the time of publication, Cramer was long Yahoo!.

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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