Cramer's 'Mad Money Lightning Round': No Fling With the King

Stock quotes in this article: YUM , DRI , SGP  

To see the 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" Friday evening:

Merck: "Not enough," Cramer said when asked if the recent FDA approval for Merck's cervical cancer vaccine will rescue the company. ... The [Vioxx] plaintiffs have set their sites on destroying Merck. I say ixnay on the Merck and welcome to Schering Plug [Plough]."

IAC/InteractiveCorp: "I do not like Barry Diller's stock. ... I say get out of Dodge..."

Suntech Power: "The solar game is not liked anymore. The solar game is history. ... I happen to think that Suntech Power could go back to where it came public. The only one I recommend now is ELSR (Evergreen Solar). You can take that one -- maybe not to the bank -- but to the community savings and loan."

Burger King: "Don't have it your way, my friend. ... I am going to send you to Darden and Yum. They're both better. Stay away from Applebee's. Very bad neighborhood."

King Pharma: "I'm not gonna recommend King."

Lehman Brothers: "I am going to revert [not revert back, because that's bad grammar] to Goldman Sachs. Because I believe [new CEO Lloyd] Blankfein is two thumbs up, way up."

Sirius: "I'm having breakfast with [CEO] Mel Karmazin next week. And you know what my late grandmother said, 'Never say a bad word about someone. Just keep your mouth shut.' "

Willbros: "Cheapest infrastructure play on earth. ... I like it. I want to buy WG."

Amedisys: "This is a recession-proof stock. This fits in very well with my Uncle Ben Bernanke nuclear war portfolio."

Chesapeake Energy: "I am recommending."

Microsoft: "It may be one of the worst stocks I ever had in my charitable trust Action Alerts PLUS."

Texas Instruments: "When the company says a lot of good things and it goes down," that's not a good sign, Cramer said.

Lightning Round

Cramer was bullish on Schering-Plough (SGP Quote), Evergreen Solar (ESLR Quote), Goldman Sachs (GS Quote), Willbros Group (WG Quote), Amedisys (AMED Quote) and Chesapeake Energy (CHK Quote).

Cramer was bearish on Merck(MRK Quote), IAC/InterActiveCorp (IACI Quote), Suntech Power (STP Quote), Burger King Holdings (BKC Quote), King Pharmaceuticals (KG Quote), Lehman Brothers (LEH Quote), Sirius Satellite Radio (SIRI Quote), Microsoft (MSFT Quote) and Texas Instruments (TXN Quote).

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 June 15:
Chesapeake Energy
Dynamic Materials
Evergreen Solar
Headwaters
Pepsi
Vaalco Energy

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 Microsoft and Schering-Plough.

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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