Cramer's 'Mad Money Lightning Round': I Dig Diageo
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" Tuesday evening:
Teco Energy: "I like it, 5% yield."Goldman Sachs: "Goldman Sachs is just about to ramp. You stay in it." Usana Health: Cramer prefers Martek Biosciences. Gaiam: "I don't trust that stock all the way up here. Let's take profits now." Southern: "A nice, fat, if not Zaftig, 5% yield. ... Don't forget Con Ed." Votorantim: "I'm sticking with that stock. ... I'm dropping the cynicism. Every penny made in that stock should go to saving the rain forest." Microsoft: "Every night I self-flagellate because I own Mister Softee. That said, it's probably done going down." Diageo: "It's got Cuervo, the Captain [Morgan], Tanqueray, Bailey's and Guinness. I'm not backing away. Diageo goes to 75." Sonus: "I'd rather see you in Tellabs. Swap out of the Sonus." Scientific Games: "Ever since it was added to the mid-caps, it has stalled here. ... I am sticking with it." Progressive: "I like the insurance business. ... I like Pru and Met more than I like Progressive." Pioneer Drilling: "One dollar off its 52-week low, that's a travesty." Cramer said that stock should be bought, along with Halliburton, which he owns for his Action Alerts PLUS charitable trust. Geron: Cramer offered Amgen, Celgene and Gilead instead. Northern Trust: "We like Citigroup, then we like Bank of America. We do not like Northern Trust because we think it's expensive." Steve Madden: "Fashion is no longer selling. If I wanted to be in the shoe game, I would rather be in Nike." For a video presentation from Cramer on things to keep your eye on in this market, please click here.
Lightning RoundCramer was bullish on Teco Energy (TE), Goldman Sachs (GS), Martek Biosciences (MATK), Southern (SO), Votorantim Celulose e Papel (VCP), Diageo (DEO), Tellabs (TLAB), Scientific Games (SGMS), Progressive (PGR), Pioneer Drilling (PDC), Grey Wolf (GW), Halliburton (HAL) and Amgen (AMGN). Cramer was bearish on Usana Health Sciences (USNA), Gaiam (GAIA), Microsoft (MSFT), Sonus Networks (SONS), Geron (GERN), Northern Trust (NTRS) and Steven Madden (SHOO). Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV