Cramer's 'Mad Money Lightning Round': Comcastic
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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: Hansen Natural: "I think Hansen's run its course. I liked it at 60, I liked it at 80, I liked it at 110. I liked it at 140. ... Ring the register!" Advanced Micro Devices: "I think that AMD will be substantially higher in the next year or so. ... I refuse to back away from AMD." Openwave Systems: "I like their product. ... I want to buy it," Cramer said of the provider for software and products for wireless systems. Petrolio Brasileiro: "I think that Conoco and Chevron are both cheaper now than PBR, and in that case I'm speaking" about the company, not Pabst Blue Ribbon. Cleco: "I like it, 4% yield." But Cramer said he likes Con Edison and TXU more. General Motors: "I think that General Motors at 25 is a good stock. ... I will buy GM right here." Under Armour: "As much as I like Under Armour ... I am sending you to VF Corp ... the only textile company with a 52-week high." PetMed Express: "It has a long-term growth of 30%; it sells at a 20 P/E. I gotta like that for its cheapness." Comcast: Had "one of those quarters that changed the equation. They have finally gotten behind the triple play: voice, data, video. The triple play is going to stop Vonage the Dog in its tracks." ... Cramer said that even at 33, [near its 52-week high], it has more upside. "I salute [CEO] Brian Roberts." Akamai: "I have to stick with it." But Cramer said buy only a little here because it is only 20% off its 52-week high.
Lightning Round
Cramer was bullish on Advanced Micro Devices(AMD Quote), Openwave Systems(OPWV Quote), Comerica(CMA Quote), ConocoPhillips(COP Quote), Chevron(CVX Quote), TXU(TXU Quote), General Motors(GM Quote), PetMed Express(PETS Quote), Consolidated Edison(ED Quote), VF(VFC Quote), Comcast(CMCSA Quote) and Akamai Technologies (AKAM Quote).- Loading Comments...
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