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