Cramer's 'Mad Money Lightning Round': Child's Play
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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: IBM: "...is locked ... in a death match between 80 and 85 .... Could trade down to 80 on expiration." Krispy Kreme: "KKD has not even told you what its financials are. ... I need you to sell it. How bout Tim Hortons?" Emcore: "I think the semiconductors are done going down. ... But you are in a speculative play. ... Don'tBuyDon'tBuy." Koppers Holdings: "Two thumbs up, way up." Energy Transfer: "The only stock in the energy patch that is at its 52-week high ... I wanna ring the register. Take a look at BP ... I like that more." Exxon: "Some sort of bank masquerading as an oil company. ... Refused to negotiate with Chavez [Venezuelan president]. Go into BP, Chevron or Conoco." Exelon: "This is a company that can take advantage of how high energy is because it makes nuclear power." Northgate Minerals: "Probably goes down still more ... and only then would I be bullish." Under Armour: "I would rather see you in VF Corp." TD Ameritrade: "I think you buy Ameritrade right here and you hold it to May 23," for further news, when it holds its analyst day, Cramer said. He is long the stock for his Action Alerts PLUS charitable trust. Lithia Motors: "I say all aboard Toyota and GM," Cramer countered the caller. Apple: "I think Apple's done going down. I'm a buyer of Apple Computer." "Children's Place is for me, pal. They continue to beat the guidance. Do you mind if I throw in Men's Wearhouse? ... Cramer also said he was "gaga" over Abercrombie & Fitch. Akamai: "I like Akamai. Still can trade down to 30 because it's been so high." But Cramer likes it if it gets down there.
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